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Marvin,EA, Enrolled Agent
Category: Tax
Satisfied Customers: 1672
Experience:  Enrolled to Represent Taxpayers Before The IRS
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I make 60,000 year. I do not own a home and my son is in college.

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I make 60,000 year. I do not own a home and my son is in college. Should I claim zero or what to get the maxium amount of my income now?
Submitted: 7 years ago.
Category: Tax
Expert:  Marvin,EA replied 7 years ago.
Hello and thanks you for using Just Answer. Claim zero on your W-4 will have the maximum amount withheld for federal income tax from your wages. Are you married or single? How many dependents do you have?
Customer: replied 7 years ago.
I am not married and I have only one child.
Expert:  Marvin,EA replied 7 years ago.
On you W-4 you should claim 3 exemptions. By claiming 3 exemptions you have the least amount of federal income tax withheld each pay period and you will owe no federal income tax when you file your tax return.
Marvin,EA and 2 other Tax Specialists are ready to help you