> 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?
That's odd, I've always operated under the principle that fewer allowances == higher withholding. With a wife and two kids, I'm supposed to claim something on order of 9 allowances or the like--this according to the IRS calculator. Not being one to trust gubmint math I claim "4" on my W-4 and have Married checked. Prolly should look into that, re-file my W-4 My situation is different also in that my wife does not have a paying job. So YMMV, or rather, MMMV... :-\ sucks dude... also, how are you doing your taxes? paper and pencil? or turbotax? I've been using turbotax (basic) online for the last 4 years and love it! love it!! love it!!! again... YMMV -- will "If my life weren't funny, it would just be true; and that would just be unacceptable." - Carrie Fisher ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| 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:228667 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
