View Poll Results: Dollar Amount You Owe

Voters
14. You may not vote on this poll
  • $0.00 - I hate owing anybody anything

    6 42.86%
  • $0 - $5K - $hit happens

    4 28.57%
  • $5K - $10K - Getting bigger and bigger

    1 7.14%
  • $10K - $20K - My lifestyle is leveraged

    2 14.29%
  • $20K+ - I live like Trump

    1 7.14%
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Thread: Consumer debt

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  1. #1
    Join Date
    Feb 2002
    Posts
    1,012
    scott,
    how can you adjust your w4? Im interested in this type of planning, do you have a specific link that I can check out for this info....that site you posted earlier is really informative...thanks bro!
    -Cy

  2. #2
    Join Date
    Feb 2002
    Location
    Land of milk and honey.
    Posts
    3,538
    Quote Originally Posted by IronCy
    scott,
    how can you adjust your w4? Im interested in this type of planning, do you have a specific link that I can check out for this info....that site you posted earlier is really informative...thanks bro!
    -Cy
    At my employer you can fill out the forms on the intranet. If yours doesn't have that then you can get a copy of the w4 from whoever handles your hr stuff.

    There is an online worksheet that estimates how many exemptions you can claim and break even. It looks at your income and the deductions you think you will have for the next year (property taxes,mort. interest, etc.)

    Mine worked out to be 4 exemptions and I would get a $500.00 refund or 5 exemptions and I would owe $250.

    Here is the link: http://www.irs.gov/individuals/artic...=96196,00.html

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