How Many Exemptions Should I Claim on my W-4?

Answer

You should claim yourself and every person you support on your w4 as dependents. If you have three children whose support depends on you, you should claim one for yourself and three for them for a total of 4 dependents.
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How Many Exemptions Should I Claim on My W-4?
Everyone receiving a paycheck is required to complete IRS form W-4 for tax purposes. If you are starting a new job, or if your personal situation has changed, you will need to fill out the form again. Knowing how many exemptions to claim is a key factor... More »
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Q&A Related to "How Many Exemptions Should I Claim on my W-4?"
Without your W-4 form, it is difficult for your employer to appropriately figure out your federal income tax withholding. Withholding is collectively based on your wages, the IRS
http://www.ehow.com/info_8773809_claim-exemptions-...
When starting a new job, each employee completes IRS form W-4. Each person living in an household counts as one deduction. Some choose to pay more in withholding taxes by selecting
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if you want help on the W-4 go to www.irs.gov and search for the W-4 calculator.
http://answers.yahoo.com/question/index?qid=201204...
For each exemption that is claimed on the W-4 form the federal tax withheld will be -0- Go to www.irs.gov and use search box for IRS Withholding Calculator
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Explore this Topic
How many exemptions you should claim depends upon how many the IRS determines that you have. Minor children who live with you for the majority of the year are ...
The more exemptions you claim on your W-4 form, the less income tax will be withheld. You must be careful, however. You don't want to have to pay on April 15. ...
Claiming exemptions on your taxes can potentially provide you with more money in your pocket. It greatly depends on your current situation and your financial lifestyle ...
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