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2
votes
2answers
100 views

W4 --Additional amount withheld from my paycheck

I earn around 85k and my husband around 100k. Last year we paid around 5000$ in tax. Now my husband says to include 2500 as my additional withheld money from my each pay check. What does this mean? ...
1
vote
2answers
187 views

How to fill out form W4 when I'm earning $1600 extra income per month?

August 22 was my last day at a job that paid $76,000 / yr. Afterward, that job is supposed to pay me $400 / wk for consulting for $1,600 / month. At the new job (which I started on Aug 26) I'm making ...
0
votes
1answer
79 views

How many allowances on my W4?

According to the IRS's online calculator, I should write "EXEMPT". According to the W4 worksheet, I should write in 11. I want to pay the least taxes without owing at the end of the year. Here is my ...
0
votes
0answers
86 views

How to make sense of results from the IRS W-4 withholding calculator?

After entering all my data into the calculator, attempting to get a handle on how much we are going to owe next year, I received this summary, which makes no sense at all: If $947 will be due when I ...
2
votes
1answer
118 views

How does a Non US citizen gain SEC Accredited Investor Status?

I am interested in investing in Startups via Angellist or other similar programs. How do Companies and individuals not based in the United States become a qualified Accredited Investor by the SEC? ...
2
votes
2answers
129 views

How do I fill my W4 allowances as a foreign student with two internships this year?

I'm a foreign student that will be in the US for two internships. I just started one in the summer and will be doing another one in the fall. I have to fill in my W4 and I'm still somewhat lost. I ...
3
votes
2answers
165 views

Should I File a W-4 Next Year If I File One In The Middle Of This Year?

We recently became married and we will soon be filling out a W-4 and submitting it to our employers. The question on my mind as we're filling out the W-4 is, should we be submitting a new one on Jan ...
1
vote
1answer
2k views

W-4 Allowances - IRS Calculator

I am currently utilizing the IRS Withholding Calculator to figure out what my allowances should be (note: NOT exemptions). My current situation: First half of year up to June 30, I earned 11,700. The ...
2
votes
2answers
2k views

Claiming Allowances on W4

I just started a new job and I had to fill out the W4 form. I am confused about claiming number of allowances. Here is my house hold: ME Wife (Home Maker) Child 1 Child 2 I make around ...
4
votes
2answers
296 views

Why is the 2013 Withholding Calculator giving me such incorrect recommendations?

I am trying to figure out what I should enter in my W4 and want to use the IRS Withholding Calculator as a guide. To that end, my information is as follows: We will file MFJ, with an income of ...
2
votes
1answer
97 views

How can I calculate the number of deductions I should use?

Recently I've been trying to adjust my W-4 so that I overpay the government less (get a smaller tax return). How can I calculate the number of my deductions based on my income and family status, ...
1
vote
1answer
83 views

Determining resident status when filling W-4 form in

I just arrived to US because of a post-doc position in an IT company, under a J-1 visa (research scholar). I have been told by the company to fill W-4 form in. But, it seems that W-4 form must be ...
6
votes
1answer
257 views

Lower withholding based on my calculations. How to get employer to change withheld amount?

My employer will withhold taxes from my paycheck as if I have been working at a particular salary range all year. Basically: pay period = (base salary / 2080 hours) * 80, and taking all taxes as a ...
2
votes
2answers
80 views

Filling out our W4 correctly

So we recently got married and now I'm trying to figure out our W4. I make 77k a year and she's around 68k a year. Her stub shows Single-0 and mine is Married-1. I read through a bunch of articles and ...
5
votes
2answers
2k views

W4 withholding for “Married filing joint” filing seems higher? Why?

My husband took a new job recently and is making 125K in salary in California. I make 65K. When we were filling his W4 (married filing joint), the additional withholding on his W4 came to 'additional ...
5
votes
2answers
178 views

W-4: Is the “Estimate of State and Local Taxes” just for myself, or for me and my spouse?

I am married, filing jointly. I am about to re-file my W-4 because I have been overwithholding. I'm working on Field 1 of the "Deductions and Adjustments Worksheet". A big part of this field is ...