Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax

I claim 0 withholdings presently on my payroll and bring home

Customer Question
(net) $1700.00 every two weeks...
i claim 0 withholdings presently on my payroll and bring home (net) $1700.00 every two weeks. if i change my witholdings to 3 dependents how much more will i bring home on each biweekly check
Submitted: 1 year ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 14 minutes by:
4/6/2016
Tax Professional: Lev, Tax Advisor replied 1 year ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,147
Experience: Taxes, Immigration, Labor Relations
Verified
If you are single with zero allowances on W4 form - most likely your bi-weekly paycheck stub looks asBi-weekly Gross Pay $2,300Federal Withholding $391Social Security $142.60 Medicare $33.35 Net Pay $1,733 If you increase the number of allowances to Three - we expect followingBi-weekly Gross Pay $2,300Federal Withholding $274Social Security $142.60 Medicare $33.35 Net Pay $1,850 Questions?
Ask Your Own Tax Question
Customer reply replied 1 year ago
i am married with one child. does that make a difference. shouldn't i NET more than $1,850
Tax Professional: Lev, Tax Advisor replied 1 year ago
For WITHHOLDING purposes - it doesn't matter if you are married and how many dependents you have...What does matter - information you provided on W4 form to your payroll person.If you selected Marred - withholding would be different.
Ask Your Own Tax Question
Tax Professional: Lev, Tax Advisor replied 1 year ago
.Thus in this case with ZERO allowances - you pay stub should look likeBi-weekly Gross Pay $2,100Federal Withholding $230Social Security $130.20Medicare $30.45Net Pay $1,709.but if you put THREE allowances -Bi-weekly Gross Pay $2,100Federal Withholding $160Social Security $130.20Medicare $30.45Net Pay $1,779..I appreciate if you take a moment to rate the answer.Experts are ONLY credited when answers are rated positively.If you still have any doubts, need clarification - please be sure to ask.I am here to help you with all tax related issues.
Ask Your Own Tax Question
Ask Lev Your Own Question
Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 30,147
30,147 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

Lev is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,300 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,310 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

Robin D.

Robin D.

Senior Tax Advisor 4

13,695 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,651 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

R. Klein, EA

R. Klein, EA

Enrolled Agent

1,839 satisfied customers

Over 20 Years experience

< Previous | Next >

Related Tax Questions
What are the taxes rates 2016 for term gains in irrevocable
what are the taxes rates 2016 for long term gains in irrevocable trusts … read more
Chad CFP ®
Chad CFP ®
Certified Financial Planner(R), Pro
Master\u0027s Degree
734 satisfied customers
Tax Question: Non-Resident Withholding Tax, Franchise Tax
Tax Question: Non-Resident Withholding Tax, Franchise Tax Board, CA HISTORY: 1. The property is in California 2. The owner resides in outside of California 3. Metro Property Management collects monthl… read more
abci168
abci168
Principal
27 satisfied customers
What is the average % of withholding paid by employeer for
What is the average % of withholding paid by employeer for employee who is earning 100K / year… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Have to get Medicare Part and have form CMS 40 filled out.
have to get Medicare Part B and have form CMS 40 B filled out … read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
My employer did not withhold FICA taxes for Jan and Feb 2017
My employer did not withhold FICA taxes for Jan and Feb 2017 and at the time, they said I may have to pay taxes on this during tax season, but weren't 100% sure.Now, my employer got in touch with me a… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
A taxpayer owes child support payments and is filing a tax
A taxpayer owes child support payments and is filing a tax return from which he will get a refund. If he selects direct deposit or check, the Treasury will take the refund to satisfy the obligation. B… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
IS THE TRADE IN ALLOWANCE THAT WAS PAID TO PAY CHILD SUPPORT
IS THE TRADE IN ALLOWANCE THAT WAS PAID TO PAY CHILD SUPPORT AND NOT TO PAY THE TRADE IN VEHICLE DEBIT (NOTHING OWED) TAXABLE INCOME? Purchase of Vehicle $10,109.00 Gross Trade-In Allowance $(10,000.0… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Recnetl;y i recieved and withholding tax bill from the state
recnetl;y i recieved and withholding tax bill from the state of ri divison of taxation fromm 1999, is there a stue of limitations on this … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
I need to prepare a non- withholding or reduce withholding
I need to prepare a non- withholding or reduce withholding certificate so my client can sign before transferring the tax to the IRS under FIRPA.My client and his brother owns an apartment for 500k 50%… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
Living separately but filing jointly with a child dependent.
living separately but filing jointly with a child dependent. While fulfilling all but one requirements for the EIC and CTC, am I entitled for this credit (and child credit as well) when I fail on the … read more
abci168
abci168
Principal
27 satisfied customers
If a new CEO discovers that this company is not withholding
If a new CEO discovers that this company is not withholding taxes or ssa per state/fed law on its undocumented workers, and does nothing about it (ie, continues the practice ) is he personally liable … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
What would the federal and state tax rate percentages be for
What would the federal and state tax rate percentages be for a $7700 IRA early withdrawal in Ohio?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
I filled out the IRS withholding calculator and it suggested
I filled out the IRS withholding calculator and it suggested I claim 8 allowances. I am single, live independently, and have no dependents. I worked at a different, lower paying job from January to mi… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
I have a question regarding estimating a tax withholding on
I have a question regarding estimating a tax withholding on retirement distribution … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,220 satisfied customers
I am the owner of a 529 Plan with my dependent child as the
I am the owner of a 529 Plan with my dependent child as the beneficiary. I have taken distributions this year in both of our names. Whose name(s) will be on the Form 1099-Q(s)?… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I am the owner of a 529 Plan with my dependent child as the
I am the owner of a 529 Plan with my dependent child as the beneficiary. I have taken distributions this year in both of our names. Whose name(s) will be on the Form 1099-Q(s)? … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,220 satisfied customers
I have received Form IT-2104 State Tax Employees Withholding
Hello I have received Form IT-2104 State Tax Employees Withholding Allowance from my employer?I need to fill it in way to get max net income per month , Can you help me with that please ?… read more
Lev
Lev
Tax Advisor
30,147 satisfied customers
Can you claim the child as dependent if the child live in a
Can you claim the child as dependent if the child live in a difference state from the taxpayer… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x