Sunday, December 13, 2009

Change Your Withholding

anne08 Asked

How can I change my total tax withholding?

This is a very simple matter.

First determine how many exemptions you need to claim by using the IRS withholding tool.

http://www.irs.gov/individuals/article/0,,id=96196,00.html?portlet=4

Then fill in a W-4 form with your employer indicating the new withholding exceptions.

If you need further information go to the IRS document on the topic.

http://www.irs.gov/pub/irs-pdf/p919.pdf
Posted by TheHumbleAccountant at 7:40 PM

2 comments:

  1. UnknownDecember 14, 2009 at 4:07 AM

    If I claim my daughter as a dependent because she is a college student, whether she can able to claim herself as a dependent
    when she files her return?

    ReplyDelete
  2. AnonymousDecember 16, 2009 at 9:32 AM

    can the business loses be written off towards income tax?

    ReplyDelete

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