I was hoping with the baby coming that we would be able to increase DH's allowances on his W4. I ran the calculator on the IRS website and it actually pushed us to decrease his allowances and increase mine, which would make very little difference. I was really hoping that with DH putting around $3K into his FSA we could make up the difference with an increase in his W4 allowances. Guess we will just sit on our hands until 2011 taxes give us a better estimate, I get a job, DH gets a raise, and the baby is born.
It seems like every year we struggle for the first 6 months of the year, panic over Summer, then sail smoothly through the last 3 months. Guess that is the life of educators. Hopefully the only panic this Summer is OMG raising a baby!
Withholding Adjustment Failure
January 19th, 2012 at 06:13 pm
January 19th, 2012 at 06:19 pm 1326997196