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Number of messages in the thread: 2

1. Date: 2008-06-27 09:01:42
Subject: w2/exemption question
From: na <n...@n...com> Search message by this author

Here is our income:

gross adj gross
------ ---------
My primary job ~100k ~85k
Wife's job ~ 30k ~15k
My secondary job ~ 12k ~12k

We file jointly. No kids. We live in California. We have about ~20k in
deductions. I would prefer to pay in a little each year.

Is it 2 across the board? Or, 2 for my primary job and 0 for the rest?
Or 2 for me and my wife, and 0 for my secondary? Other?

Thanks,
B

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2. Date: 2008-06-27 12:20:20
Subject: Re: w2/exemption question
From: joetaxpayer <j...@n...com> Search message by this author

na wrote:
> Here is our income:
>
> gross adj gross
> ------ ---------
> My primary job ~100k ~85k
> Wife's job ~ 30k ~15k
> My secondary job ~ 12k ~12k
>
> We file jointly. No kids. We live in California. We have about ~20k in
> deductions. I would prefer to pay in a little each year.
>
> Is it 2 across the board? Or, 2 for my primary job and 0 for the rest?
> Or 2 for me and my wife, and 0 for my secondary? Other?

Go to http://www.irs.gov/individuals/page/0,,id=14806,00.h
tml

If, for whatever reason, the link doesn't work, google "2008 withholding
calculator", it will return the IRS page for you. The page allows you to
enter your exact situation, 2 people, 3 jobs.
(my bet is 2 on primary (or fewer) and 0 for the other two, haven't run
the numbers)
Joe
www.blog.joetaxpayer.com

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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.