HELP with filling a NEW W4?
Asked by: ralvarez
ok I need some help please.
me and hubby are MARRIED and we file JOINTLY, we only have 1 child
I – the wife is the higher income earner
on our previous W4 for 2012 we had it set up as 1 for SELF (A), 1 for MARRIED (C) and 1 for dependent. total 3
What we didn’t do was put a 2 for line G – ugh I only just realized this!!!!
Child Tax Credit (including additional child tax credit). See Pub. 972, Child Tax Credit, for more information.
• If your total income will be less than $ 65,000 ($ 95,000 if married), enter “2” for each eligible child; then less “1” if you have three to six eligible children or less “2” if you have seven or more eligible children.
Yes our TOTAL income is less than $ 65K
So for this year 2013 we will be amending our W4’s to our employers.
Going from lines A-G can you please help me, I mean I know it’s not rocket science but this is coming from someone who’s never had to deal with filing taxes and claiming this and that deductions etc…!! i.e I come from England! but I am a US citizen through naturalization (if you must know).
thanks I just did the 2 earner worksheet
additional amount to be withheld from each paycheck is $ 23.60
How others found here:
- what does less 1 mean on w4 for child tax credit
- If your total income will be less than $65 000 ($100 000 if married) enter “2” for each eligible child
- on the w4 is it less one for each child