Have a Tax Question? Ask a Tax Expert
The number of allowances claimed on the W4 has an impact on federal, as well as state income tax withholdings. The number of exemptions claimed will not have an effect on other deductions. SEE BELOW:
The amount of income tax your employer withholds from your regular pay depends on two things.
The amount you earn.
The information you give your employer on Form W–4.
Form W–4 includes three types of information that your employer will use to figure your withholding.
Whether to withhold at the single rate or at the lower married rate.
How many withholding allowances you claim. (Each allowance reduces the amount withheld.)
Whether you want an additional amount withheld.
Note: You must specify a filing status and a number of withholding allowances on Form W–4. You cannot specify only a dollar amount of withholding.
In order to determine what his take home earnings would be if he claimed one, I suggest completing the withholding calculator at the following link. There are questions asked that I don't have the answer to.
For more details refer to the following link;
By the way, if your husband claimed 1 deduction, this means that more will be withheld and his take home pay will be less. The more allowances claimed, the less that will be withheld. I will attempt to assist you. What state are you in?
A few more questions;
1) What is the frequency of his pay? Weekly, bi-monthly, monthly?
2) Are there any other deductions such as health insurance, etc.?
Based on the information provided, claiming 1 allowance, his take home pay would be $1,825.67
Bi-weekly Gross Pay $2,307.69
Federal Withholding $237.98
Social Security $143.08
I used the paycheck calculator at the following link;
Let me know if you require further assistance with this matter.
Net Pay $1,825.67
The figures provided to you for 1 were for bi -weekly, not bi-monthly. The bi-monthly figures are listed below:
Claiming 1 allowance:
Semi-monthly Gross Pay$2,500.00
Claiming 2 allowances:
Claiming 0 allowances:
Ok, I see that the numbers got all screwed up in my previous answer. Let's try this again. Using the paycheck calculator, claiming O allowances, take home pay would be: $1,951.76, claiming 1 allowance: $1,977.82, claiming 2 allowances: $2,003.87.
In your initial inquiry, you indicated that his take home is $1,900 claiming 2. I'm not sure why the amount that I come up with is different from the $1,900. You can verify my numbers using the same calculator that i did at the following link: