W4 Allowances?
Posted: Thu May 19, 2016 12:13 am
So how many should I claim? BigLaw summer associate. Single, no kids. Don't anticipate any other income this year
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Run your information through the IRS Withholding Calculator: https://www.irs.gov/individuals/irs-wit ... calculatorAnonymous User wrote:So how many should I claim? BigLaw summer associate. Single, no kids. Don't anticipate any other income this year
This is ensuring a huge interest-free loan to the treasury.narfkarta wrote:Single 0 (you may even get a refund this way) or Single 1. These are the safest for you to ensure you don't have a significant tax bill due when you file next year.
I was usually around 30 as a single biglaw SA for 12 weeks. Just use whatever the withholding calculator gives you. OP, please ignore the above quote.narfkarta wrote:Single 0 (you may even get a refund this way) or Single 1. These are the safest for you to ensure you don't have a significant tax bill due when you file next year.