Current Events > Is it better to claim 0 or 1 on tax forms?

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solosnake
03/03/24 3:43:48 PM
#1:


I never know which one i should be picking as a single person

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divot1338
03/03/24 3:49:40 PM
#2:


-1

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UnholyMudcrab
03/03/24 3:53:28 PM
#3:


You can't claim yourself as a dependent

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TimeForAction
03/03/24 4:01:27 PM
#4:


The higher the number the more money you get back each year

claim everything. Kids, cats, plants, etc
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solosnake
03/03/24 4:02:39 PM
#5:


TimeForAction posted...
The higher the number the more money you get back each year

claim everything. Kids, cats, plants, etc
i dont want the IRS after me lol. Dont they just take more out of your check to give you it back on your returns?


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WingsOfGood
03/03/24 4:03:24 PM
#6:


solosnake posted...
i dont want the IRS after me lol. Dont they just take more out of your check to give you it back on your returns?

claim the IRS as a dependent

I mean they are
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Serious_Cat
03/03/24 4:22:55 PM
#7:


TimeForAction posted...
The higher the number the more money you get back each year

claim everything. Kids, cats, plants, etc
The more money you get back each year the more you could have had in your pocket the whole time.

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tankboy
03/03/24 4:47:47 PM
#8:


If you get back too much, increase the number. If you owe, decrease it. If you owe even after decreasing, you can ask to have extra taken out (I have to do this). If you owe too much, you will have to pay estimated taxes quarterly, which is a pain.
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