Yeah, that's the key. We have the ability to update our federal withholdings using an online application. So that's what I did. That app does not have the "withhold as single" checkbox like the standard W4 form does.
i know it's my fault, but it still really blows. On 2/22/07, Greg Morphis <[EMAIL PROTECTED]> wrote: > > maybe they assume you work and your wife doesnt? I have mine set to > "Married but hold as single" > > On 2/22/07, G Money <[EMAIL PROTECTED]> wrote: > > Well, the answer is to do an additional withholding each paycheck to > make up > > the difference. But what makes NO sense to me, is why claiming zero > > allowance on your federal income tax withholding would cause your > > withholding each paycheck to be far LESS than what you actually owe? > > > > Basically, marking "Married" on your W4 tells your company to instantly > > beging withholding far less than what you owe each paycheck. Someone > please > > explain that to me. What the hell? > > > > On 2/22/07, Tony <[EMAIL PROTECTED]> wrote: > > > > > > now for the reals. > > > > > > talk to a tax dude, im sure you are already thinking about this... > > > but get it right dude... you are finding out what not doing it right > > > does... i feel for ya brah > > > > > > tw > > > > > > On 2/22/07, Tony <[EMAIL PROTECTED]> wrote: > > > > /must hold back perfect opportunity to call you a dipshit. > > > > > > > > fuck it. > > > > > > > > DIPSHIT > > > > > > > > :) hahahahahah > > > > > > > > On 2/22/07, G Money <[EMAIL PROTECTED]> wrote: > > > > > Welp, I completely fucked up my 2006 taxes. 2006 was the first > year > > > that my > > > > > wife and I were both filed as "Married" for the entire year on our > W4. > > > I > > > > > kept 1 allowance, she claimed 0. Turns out, clicking that one > little > > > > > 'Married' box causes your federal withholding percentage to drop > FAR > > > below > > > > > what is actually owed in income taxes. > > > > > > > > > > Put another way, we owed about 15% in federal income tax (after > > > deductions, > > > > > et. al). Marking "married" as our filing status caused our > companies > > > to > > > > > withold about 11%.....leaving us with a nice fat deficit at the > end of > > > the > > > > > year. > > > > > > > > > > Fuck. > > > > > > > > > > Was I just stupid to think that claiming only one allowance would > > > pretty > > > > > much ensure that our bi-weekly withholdings would be at or near > the > > > income > > > > > tax percentage owed??? Has anyone else gotten hit by this, or am I > > > just a > > > > > dipshit? > > > > > > > > > > -- > > > > > She's a PhD in "I told you so" > > > > > You've a knighthood in "I'm not listening" > > > > > > > > > > > > > > > > > > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Create Web Applications With ColdFusion MX7 & Flex 2. Build powerful, scalable RIAs. Free Trial http://www.adobe.com/products/coldfusion/flex2/ Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:228666 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
