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Old 06-27-2008, 12:20 PM
joetaxpayer
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Default Re: w2/exemption question



na wrote:
- quote -

> Here is our income:
> gross adj gross
> ------ ---------
> My primary job ~100k ~85k
> Wife's job ~ 30k ~15k
> My secondary job ~ 12k ~12k
> We file jointly. No kids. We live in California. We have about ~20k in
> deductions. I would prefer to pay in a little each year.
> Is it 2 across the board? Or, 2 for my primary job and 0 for the rest?
> Or 2 for me and my wife, and 0 for my secondary? Other?


Go to http://www.irs.gov/individuals/page/0,,id=14806,00.html

If, for whatever reason, the link doesn't work, google "2008 withholding
calculator", it will return the IRS page for you. The page allows you to
enter your exact situation, 2 people, 3 jobs.
(my bet is 2 on primary (or fewer) and 0 for the other two, haven't run
the numbers)
Joe
www.blog.joetaxpayer.com

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  #-1  
Old 06-27-2008, 09:01 AM
na
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Default w2/exemption question

Here is our income:

gross adj gross
------ ---------
My primary job ~100k ~85k
Wife's job ~ 30k ~15k
My secondary job ~ 12k ~12k

We file jointly. No kids. We live in California. We have about ~20k in
deductions. I would prefer to pay in a little each year.

Is it 2 across the board? Or, 2 for my primary job and 0 for the rest?
Or 2 for me and my wife, and 0 for my secondary? Other?

Thanks,
B

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

 

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question, w2 or exemption
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