How many exemptions should you take?

[PAstash]

Is there a way to calculate oweing as little as possiable? Is there a magic forumla that's like you make X take Y exemptions?

[MDM]

Here are a few threads on this topic:
http://forum.mrmoneymustache.com/taxes/best-way-to-calculate-w-4-exemptions-for-2016/
http://forum.mrmoneymustache.com/taxes/would-you-rather-owe-or-get-a-refund/
http://forum.mrmoneymustache.com/taxes/am-i-witholding-too-much/
http://forum.mrmoneymustache.com/taxes/best-paycheckwithholding-calculator(s)/
http://forum.mrmoneymustache.com/ask-a-mustachian/turbo-tax-vs-cpa/

[PAstash]

thank you!