If I have $695 of taxable income per week with 1 exemption and being married, the Fed is witholding $66.......
If I have $695 of taxable income per week with 1 exemption and being married, the Fed is witholding $66. How much will be withheld per week if I change my exemption to 0?
Public Comments
- The IRS has a witholding calculator. It is not working currently.
- According to the withholding tables in Publication 15, you are already being withheld with 0 allowances (not exemptions). http://www.irs.gov/pub/irs-pdf/p15.pdf Go down to page 42 of the PDF file. $56 is the withholding amount for Married with one allowance on $695.
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