Berkeley CSUA MOTD:Entry 46372
Berkeley CSUA MOTD
2021/09/20 [General] UID:1000 Activity:popular

2007/4/19-21 [Reference/Tax] UID:46372 Activity:nil
4/19    W-4 withholding question.  For those who are married with combined
        salaries of 2 x $100K, about how many allowances do you put on your
        W-4?  It seems like the computation method on the back of the form
        omits the deduction of state taxes, and I end up putting down 0
        allowances and withhold an extra $9K.  Let's say there is no mortgage
        interest deduction or significant investment income.  Thanks.
        \_ Call an accountant or just run the numbers through turbo tax.
           \_ ran it through turbotax, it says 4 allowances for me, 2 for her.
              but i figure there are married couples here who did this before
              they bought a house and wanted to verify ...
              i'm also surprised the w-4 instructions could be so wrong.
              \_ Remember it's a gov't agency.