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I claim two on my W-4 and am single and you still owe on taxes how many should you claim?
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.
What else can I help you with?
If you claim zero on your taxes will you still owe money when you file?
for best tax return claim 0 at work and when you file claim 1
Can you claim street clothes on your taxes?
can you claim street clothes on you taxes
Can you file your 2011 taxes to 2013 filing?
My son didn't file taxes last year 2011. is he still able to claim any of his 2011 taxes along with his 2012 taxes in 2013?
Do you have to claim alimony in federal taxes?
Yes. Basically, any money you receive for any reason should be reported somewhere on your taxes.
What should I claim as a married person to have most taxes withheld?
You can claim single with no exemptions, on your W-4 form in order to have more tax taken out during the year. You even have the option of having additional amounts taken out on top of this is desired. It really doesn't matter what your exemption are as long as you don't claim more than you actually have. The tax return is what really matters as far as paying taxes due.
You are living common-law with your boyfriend do you have to claim common-law on your taxes or can you claim as single?
Single filing is okay even if you are married.
Can you file taxes in 2021 if you have no income but claim a dependent?
Yes, you can still file taxes in 2021 if you have no income but claim a dependent.
If your child is 18 can you claim them on your taxes?
My child was in the Job Corps last year, can I still claim him on my federal income taxes as a dependant?
Can someone claim you on they taxes if you have Medicaid?
You should report having a dependant in the home.
I'm new to the workforce?
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.
Can you claim childcare on taxes as single parent?
Yes you can claim childcare. As far as I know there is no set amount you can deduct.
How should you set up your W-2 so only the minimum of taxes get withheld each week?
If you are single, you should be able to claim 3, up to about $40k a year or so of income, and still be owed or owing relatively $0 at tax time.
If you claim zero on your taxes will you still owe money when you file?
for best tax return claim 0 at work and when you file claim 1
How much should I claim in withholdings on my taxes?
The amount you should claim in withholdings on your taxes depends on your individual financial situation. It is recommended to consult with a tax professional or use the IRS withholding calculator to determine the appropriate amount to claim.
Can you claim your daughter on your taxes if she was a full time college student until aug and then started working full time but still lived with you?
You may claim her as a dependent as long as she does not file her taxes as a single entity.She should still file her taxes as she had earnings, though she will not be eligible for a refund as you have already claimed her.Source: This is exactly what I did last year.
What deductions should you claim on your taxes?
When filing your taxes, you should claim deductions that you are eligible for, such as charitable contributions, mortgage interest, medical expenses, and education expenses. These deductions can help reduce your taxable income and potentially lower the amount of taxes you owe.
Can you claim street clothes on your taxes?
can you claim street clothes on you taxes
