Submitted by AltReality t3_z8aorz in personalfinance
1955photo t1_iyaoo2k wrote
So take $400 and divide by the number of paychecks, and have that much extra taken out of each check.
AltReality OP t1_iyaox9w wrote
I can do that...and probably will wind up doing that...but I am more trying to understand why I no longer have taxes being taken out of my paycheck, rather than what I would consider to be a band-aid solution. I appreciate the comment though.
Its-a-write-off t1_iyaw7lu wrote
From the income info you gave, there is no need to do this. You are 0 federal income tax liability, so you don't need to withhold anything.
1955photo t1_iyaxzig wrote
From the info your employer has on file, you have zero Federal tax liability.
How much do you make? And do you have significant pre-tax deductions, like 401k or medical insurance?
You have FOUR standard deductions. Not 2.
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