MxFreedom33
PR Elite
I am a married man now as of July 2015. Years prior I had it figured out for the both of us to where we got a nice tax refund while still having a livable amount taken from our pay checks. When I got married I changed my status on my w-4 to married and claiming one and I had her do the same. Well when doing my 2015 taxes i realized had it not been for my consider amount of OT we would have owed. I'm kind of at a cross roads now on what status I should be and how many to claim. I changed ours to Married- but tax at a single rate and claim 0 cause I got nervous but now our checks are considerably lower and it hurts a bit.
Our situations are as follows .. Own a home, have one child, and both work. I average $70,000 a year gross and she averages $30,000 a year gross.. Im looking for a few opinions on what to claim and what status we should be at to not give the government a huge interest free loan while still getting a little back at the end of the year. Thanks
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Our situations are as follows .. Own a home, have one child, and both work. I average $70,000 a year gross and she averages $30,000 a year gross.. Im looking for a few opinions on what to claim and what status we should be at to not give the government a huge interest free loan while still getting a little back at the end of the year. Thanks
Sent from my iPhone using PitRacer mobile app