Question

I got married, our income is a lot higher, putting us in a different tax bracket, how much do I claim?

Forum|Forum|6 years ago
August 7, 2019
1 reply
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Good morning,

My husband and I just got married in May. We have two kids together. We both recently got new jobs in March and we're now in a higher tax bracket. Together we make 106,000 annually. We were both claiming 3 on our W4's but I recently did a tax refund calculator and it said we'd end up owing $2000. How do I adjust this? Should I file separate and claim the kids since I make less? Help!!

Critter

Employee

The person with the lower income should claim Single and zero allowances on the W4 and the higher earner can claim married and 3 allowances .... or use the tools to compute a different combination.

http://www.irs.gov/Individuals/IRS-Withholding-Calculator

https://turbotax.intuit.com/tax-tools

http://turbotax.intuit.com/tax-tools/calculators/taxcaster