New: Question on my W-4: I just got a job and calculated the two-earners witholdings. Does only one have to add them or, do I and my husband have to withold the calculated amount (2 times as much) Thank you

Read the two earners section at the TOP of the 1st page of form W-4
http://www.irs.gov/pub/irs-pdf/fw4.pdf

Basically it says it usually works best if the allowances are claimed on the higher wage, and zero on the lower wage earner. I get to pick zero on both and pay additional.

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lousey savings account, adult101! Why let the government keep YOUR money all year, then pay you back without interest! better to claim just what you figure your tax liability to be and save your money in your savings account and earn interest (as little as it is; it's better than nothing!).
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by Sherri on April 29th, 2009
I'm not sure where you got the impression that I pay more than my tax liability.
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by adult101 on April 29th, 2009
your last line: 'I get to pick zero on both and pay additional' is telling me you claim zero on both wage earners and pay additional..that's where I got my info that you are paying more than your tax liability...what am I misreading?
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by Sherri on April 29th, 2009
Why would you think that withholding selection covers my tax liability?
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by adult101 on April 29th, 2009

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New: Question on my W-4: I just got a job and calculated the two-earners witholdings. Does only one have to add them or, do I and my husband have to withold the calculated amount (2 times as much) Thank you

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New: Question on my W-4: I just got a job and calculated the two-earners witholdings. Does only one have to add them or, do I and my husband have to withold the calculated amount (2 times as much) Thank you

Answers. 1 helpful answer below.

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