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Eork through the examples and outlines provided in the instructions for form w-2...it may take a little thought and time...and it will give a good reasonable # of dedcutions that should get your withholding fairly close to where it needs to be. Obviously, if through the year your situation changes...for example you pick a few good stocks and sell them...that amount may need to change.

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Q: I claim two on my W-4 and am single and you still owe on taxes how many should you claim?
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The smaller the number, such as zero, the more taxes are taken out. The bigger the number, the less. The benefit of having a lower number/more taxes taken out is you will receive a higher refund in April. If you have a higher number/less taxes taken out then you run the risk of owing money in April. if you claim one,no way should that make you owe taxes. my spouse claims 2 and he pays enough taxes that he doesn't owe and he still gets a nice refund. you don't want to claim zero and get a small paycheck throughout the year only to get a huge refund,it's best to break even,pay your taxes but still get most of your paycheck I am a single parent, and I claim 2-3. I claim myself, my child, and I also claim another for child care. I make out still come refund time. I usually bank like 3g's when I get my return.


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