The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: How to update W-4 to increase allowances?||Date: 12/22/2008 12:11 AM|
|Author: foo1bar||Number: 103117 of 123001|
Any ideas of how to fill-in the Form to get me up to allowances of 8-10?
So, I'll assume you can fill in lines 1-4 by yourself, since I don't know your name, address, etc.
To get ten entered in the form on line 5, you write a "1", closely followed by a "0".
Then you sign it, and hand that in to your payroll department, who will update their withholding.
seriously though -
So long as you're withholding enough taxes that you don't owe additional on April 15th, the IRS doesn't care.