W-4 Allowances for Summer Associates Forum
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Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
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Pete Venkman
- Posts: 33
- Joined: Tue Aug 07, 2012 1:33 pm
W-4 Allowances for Summer Associates
I know there have been threads on this, I just wanted to check for updates about number of allowances people are claiming on their W-4s for SA positions. Anyone care to share?
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Anonymous User
- Posts: 432808
- Joined: Tue Aug 11, 2009 9:32 am
Re: W-4 Allowances for Summer Associates
I took 2. Forced savings for a bar trip. PLUS I don't want any possibility of trouble with the IRS right before C&F
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BuckinghamB
- Posts: 458
- Joined: Wed Jun 15, 2011 3:37 pm
Re: W-4 Allowances for Summer Associates
I'm doing 24. It would be weird if he IRS questions you if it's their calculator you used to calculate your # of allowances. Also, in another thread (SA one maybe) someone said they heard of the IRS actually giving you shit if your return is too big and some SAs may not actually have gotten their return yet. I talked to my firm and they said it doesn't matter at all. I'd imagine most firms are similar from what I've heard
