Lake St. Clair Fishing Forum banner
1 - 2 of 2 Posts

· LSCN Sponsor
2,908 Posts
Well ~ the anwser on how much to claim on your w-4 is different for each person.
the rule is that you have to have paid in 100% of the prior years tax or 90% of what you will owe 4-15-05 for the 2004 year......(except if your income is over 150,000.00 then you need to cover the prior yearstax by 110%)

I can PM you your min. required for the year 2003 but that is over with. I would say stick with the single & 2. Wait till the 2003 tax returns are completed and then adjust the exemptions after you know the target withholding amount.

You can change your exemptions at any time during the year.
1 - 2 of 2 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.