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Related: Culture Forums, Support Forumsquestion on the Employee W-4 form
I've been an independent contractor for so long I forgot about filling one of these out. If claiming "1" for yourself and "1" as a single adult with one job does that mean the government takes more money out than if I just filed "1" for myself? In other words, does the more you claim have them hold out more or less tax money? I'm trying to get as much in each paycheck as I can. I'm also not sure if I'll be having just one job or not and in the near future I hope to have more jobs.
petronius
(26,576 posts)a bigger paycheck but a greater chance of owing taxes in April...
http://www.rapidtax.com/blog/breakdown-w-4-allowances/
TorchTheWitch
(11,065 posts)Thanks!!!
petronius
(26,576 posts)TorchTheWitch
(11,065 posts)I have to fill out all the same forms with the agency though I don't have a job just yet. They think they have one for me, but the pay is just ridiculously low. I've not made that bitty hourly rate since I was 20 years old! I'm still looking into part time work on top of this job (if I get it!) or any other better paid work. Something is sure better than nothing though, so I'll take whatever I can get. This one from the agency is middle shift full time work, so that leaves a lot of time in the day to do interviews for other jobs, which is really good.