is it true that you can claim up to 10 dependents for a max of 6 mos (in a tax year) without being penalzed?I assume you're talking about withholding allowances claimed on your W-4. No, it's not necessarily true. If your withholding and estimated tax payments aren't enough, you'll owe a penalty for underestimating when your file. See IRS Publication 505.TMF ExROPhil Marti
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