How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Merlo Your Own Question
Merlo
Merlo, Accountant
Category: Tax
Satisfied Customers: 9783
Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
9573734
Type Your Tax Question Here...
Merlo is online now
A new question is answered every 9 seconds

i have a daughter and am pregnant. im wondering how much more

This answer was rated:

i have a daughter and am pregnant. im wondering how much more i will get back if i claim 3 instead of 2 (im single)
Hello kittys,

For each exemption that you claim, what it does is exempt $3,650 from your annual pay from being subject to taxes. In your salary range, this would mean a savings of another 15% in federal tax and approximately 5% in CA state taxes on that amount.

So your paychecks should have approximately $10.50 less withheld each week for federal tax and $3.50 less on CA state tax, for a total of $14 less each week in taxes.

If this was helpful please press the Accept button.

Thank you kittys and please let me know if you have more questions.



Merlo and other Tax Specialists are ready to help you