Author Topic: Having Child, adjust w4 now or later?  (Read 1330 times)

tpozywio

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  • Location: Indiana
Having Child, adjust w4 now or later?
« on: January 22, 2014, 07:14:26 AM »
Expecting a child later this year, should I go ahead an adjust my withholdings now since I'll get the credit for baby for all year, or am I incorrect with how that works?

Thanks!

Thegoblinchief

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Re: Having Child, adjust w4 now or later?
« Reply #1 on: January 22, 2014, 07:22:16 AM »
I'd adjust it now. Otherwise you're giving the government a 0% loan.

tpozywio

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Re: Having Child, adjust w4 now or later?
« Reply #2 on: January 22, 2014, 07:29:16 AM »
Thats what I thought but I wasn't sure.   Thanks for confirming!