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Why should kids have allowances?

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Anonymous

13y ago
Updated: 5/21/2023

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Jerrold Quitzon

Lvl 13
2y ago

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Related Questions

Could you claim thirteen for your allowances on your W-4?

Yes. I could claim 13 allowances on my W-4 if I could convince my wife we should get busy and have 10 more kids. Then with a wife and 11 kids, I would be entitled to 13 allowances. She does not see it that way.


What is bad about kids allowances?

Nothing they should get more moneyNote this answer was by a 10 year old child in Philadelphia, PA


What is good about kids allowances?

money money money The things that is good about kids allowances is : a)Once the parents give the kids their allowance the kids can buy whatever they want and don't have to ask their parents for money because they got it. b)Another thing is that the kids work for the money so the parents can't get mad about they just giving them money for nothing, their not.


What number of allowances should I claim on my taxes?

The number of allowances you should claim on your taxes depends on your personal situation. Generally, the more allowances you claim, the less tax will be withheld from your paycheck. It's important to consider factors like your income, marital status, and dependents when deciding how many allowances to claim. You can use the IRS withholding calculator to help determine the right number of allowances for your situation.


What allowances should I claim on my taxes, 1 or 2?

The number of allowances you should claim on your taxes depends on your personal financial situation. Claiming 1 allowance means more taxes will be withheld from your paycheck, while claiming 2 allowances means less taxes will be withheld. It's important to consider factors like dependents, income, and deductions when deciding how many allowances to claim.


How many regular withholding allowances should I claim on my tax forms?

The number of regular withholding allowances you should claim on your tax forms depends on your personal situation. It is recommended to consult with a tax professional or use the IRS withholding calculator to determine the appropriate number of allowances for your specific circumstances.


How much allowances should I claim on my taxes?

The number of allowances you should claim on your taxes depends on your personal situation. It's important to consider factors like your income, marital status, and number of dependents. It's recommended to use the IRS withholding calculator or consult a tax professional to determine the right amount of allowances for your specific circumstances.


Should I claim allowances on my taxes?

Whether or not you should claim allowances on your taxes depends on your individual financial situation. Claiming allowances can reduce the amount of tax withheld from your paycheck, but it may also result in a lower tax refund or potentially owing taxes at the end of the year. It's important to carefully consider your income, deductions, and credits before deciding how many allowances to claim on your W-4 form. Consulting with a tax professional can help you make an informed decision.


Allowances for sbi award staff?

allowances during transfer


Should state and federal allowances be equal?

State and federal allowances do not necessarily need to be equal. Each level of government has different responsibilities and funding needs, so their allowances may vary based on these factors. It is important for both state and federal governments to have the resources they need to fulfill their obligations to the public.


What allowances should I claim on my taxes?

When deciding on allowances for your taxes, consider your personal situation and financial goals. Claiming more allowances can result in less tax withheld from your paycheck, but may lead to a larger tax bill at the end of the year. Claiming fewer allowances can result in more tax withheld, potentially leading to a refund. It's important to strike a balance that aligns with your financial needs and goals.


What are some benefits of money games for kids?

Money games often teach kids how to handle money, much like allowances do. Money games also expose kids to the outside world and the world of money in general. These games are essential to the development of the child and their integration into society.