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breacros1
September 20, 2020
Question

If I have a combined household income of $160,000 and I live in Kentucky and take advantage of the cares act how much taxes do I need them to withhold

  • September 20, 2020
  • 2 replies
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2 replies

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xmasbaby0
Employee
September 20, 2020

Not sure what you mean by "combined household income"--- do you mean the income you and your spouse will enter on a joint return?  You do not include any income from other family members on your income tax return.  And what do you mean specifically by "take advantage of the CARES act?'  What are you trying to do?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
VolvoGirl
VolvoGirl
Employee
September 20, 2020

And to tell who "them" to withhold?  Are you wanting to take a distribution or RMD from a 401K or IRA?

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