Question:

How many exemptions can I take if i know I am going to have $20,500 in itemized deductions.?

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How many exemptions can I take if i know I am going to have $20,500 in itemized deductions.?

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2 ANSWERS


  1. Go to PayCheckCity, enter your data, and it will compute your withholding allowances for you:

    http://www.paycheckcity.com/W4/w4instruc...


  2. If you are single, you could add four.  If you are married, you could add two or three.

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