General Question

fuze's avatar

How many withholdings should i claim on my w-4?

Asked by fuze (17points) July 14th, 2007

I have a spouse that stays home, we typically do married filing jointly. We have 4 kids. What should I put on my w-4 to best break even? We usually want as much each paycheck as we can get.

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1 Answer

peggylou's avatar

I'd go with 6. But if you discover, at the end of the year, that you are due a large refund, then increase the number of dependents on your withholding form.

peggylou (1138points)“Great Answer” (0points) Flag as…

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