The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/we-plan-to-itemize-our-deductions-for-2009-as-we-27290741.aspx

Subject:  Re: How to update W-4 to increase allowances? Date:  12/22/2008  6:48 AM
Author:  aj485 Number:  103120 of 123001

We plan to itemize our deductions for 2009 as we will be buying a house soon (closing in Jan/Feb). Even with mortgage interest, property tax, etc., I can only get my allowanced up to 5. That means I will still expect a significant refund in 2010.

Any ideas of how to fill-in the Form to get me up to allowances of 8-10?


What, other than the Kiplinger calculator, are you using to calculate the allowances