Quote:
|
Originally Posted by Cynthetiq
In the W4 which you fill out for withholding purposes, you can claim as many as you like.
|
Ah, ok. That's what he meant. I suppose you _could_ try pulling that off, and as long as you're paying your correct share to the government, I guess Uncle Sam wouldn't care (?) in the end. Though I suppose technically you're committing perjury, according to the W-4 form.
I do think that there should be the option for those with enough self-discipline to allow no withholding. I'd rather keep all of my paycheck, put aside the money I'll need for taxes in a high-yield online savings account and pay the lump sum come Apr 15.