Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I've always found the worksheets to be worthless. Or maybe it's just the front worksheet. Do you feel the multiple income sheets are adequate?

If you have good estimates of the amounts to be entered on the page 2 worksheet, and follow all instructions, they are pretty accurate.

I got married last year and we kept both of our withholdings at the single rate to be safe. Why is it that married withholding rates are lower when most couples end up actually paying more?

The married withholding rates assume only one wage earner. If both spouses work, the married rates will underwithhold unless you follow the instructions for adjusting your withholding allowances and assigning them to the higher wage earner.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.