Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Taxes not witholding enough"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here- We're using turbo tax. I assume that when you have 0 exemptions your employer should withhold the correct amount of tax for your bracket/income? Is this not correct? [/quote] Oh gosh, no! Talk to an accountant, please.[/quote] NP but why wouldn't this be correct? [/quote] The most simple answer is that each person's employer only withholds based on that one income; they don't take into account anything else like spousal income. So depending on your deductions and such, there's no way to tell if it's going to be accurate come tax time.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
