So, I claim 0 withholdings for both federal and state. Curious what everyone's thoughts are...
Married, filing joint
2 kids, 2 1/2 and 7 months old
I made 46564.05 this year, gross wages.
Contributed $600 to my HSA (min to get my employers match)
$5,000 to a dependant care account
$4123.60 to my 401k (employer contributed 1392.56
Looks like total taxes were...
Fed withholding - $3891
State withholding - $1914
Total Gross was 46564.05, total net was 27420.41
I know my wife doesn't claim 0, but I don't remember where she has hers set at.
Thoughts?