someone <someone[at]somewhere.com> wrote:

- quote -

Technically, you are "Married and one " (married means two
people and one for the child)

There is a child tax credit not taken into account..if the
child is too old for the credit and you don't itemize and
your income is $30K and you did married 1 then your refund
will be about $400, which I consider "break even". There
are a lot of variables here.

As in your example, if your wife worked and she did married
and one and you did married and one then you would be way
under-withholding and would owe money, again, depending on
income and credits...

Need more information: income, age of child, itemizing or
not and how much you itemize..

Cindy

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

someone wrote:

- quote -

assuming that is your only job, then max is 4, although you
may claim any number less if you'd like a big refund.

Cheer$,
Harlan Lunsford, EA n LA

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

someone <someone[at]somewhere.com> writes:

- quote -

At least; perhaps more. See the worksheet on the W-4. Fill
it out, and you'll have the number of allowances that will
leave you with a small refund or balance due.

Phil Marti
Topeka, KS

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

For myself, my not working wife and my child, what is the
number of allowances in the W-4? Is it "3"?

Thanks in advance!

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->