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Re: Re: Re: W-4 form and newlywed

I didn't realize you went from your training to your first full paying position. That may allow you to have a little less taxes withheld from your new job, since your new employer is going to withhold taxes from your salary as if you will earn that kind of money all year instead of just for the remaining part of the year.

Even so, to be safe, here is my generic advice for married couples who do not own a home and have a large disparity in earnings.

On the W-4 form, your wife should check "Married but withhold at the higher single rate" in box 3, and should put 1 allowance in box 5. You should check Married in box 3, and put 0 allowances in box 5.

Then you should either work through a tax projection by plugging this year's projected income, withholdings, and deductions into TurboTax, or you should set up a time to meet with a CPA to work through this calculation.

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