janinegirly
Ideal_Rock
- Joined
- Sep 21, 2006
- Messages
- 3,689
Hoping more knowledgeable people can help me with this one. Our tax return was not in our favor as much as we had hoped and turned out to be due to not enough witheld taxes on my paycheck. This really upset me since I only take one allowance (my daughter) and certainly am not taking home some huge amount.
Upon further investigation it seems to have gone awry once I claimed married status on my paycheck--I did receive a little more in each paycheck-but figured this was how it should be since I am married! After doing some reading I am learning that I should have had additional witheld and claimed zero allowances. Now that''s not such a great realzation since it will feel like a paycut--but can anyone maybe explain this to me? Is having two wage earners really the tax burden it seems? We don''t make huge salaries but I suppose fair ones. It just seems like I should''ve just kept claiming single status--which runs against logic, but for tax purposes who knows.
Upon further investigation it seems to have gone awry once I claimed married status on my paycheck--I did receive a little more in each paycheck-but figured this was how it should be since I am married! After doing some reading I am learning that I should have had additional witheld and claimed zero allowances. Now that''s not such a great realzation since it will feel like a paycut--but can anyone maybe explain this to me? Is having two wage earners really the tax burden it seems? We don''t make huge salaries but I suppose fair ones. It just seems like I should''ve just kept claiming single status--which runs against logic, but for tax purposes who knows.