Quote:
Originally Posted by Beppington
Isn't that backwards? I don't have a W2 in front of me, but I was thinking you want to enter 0 to get the least amount withheld from each paycheck, i.e. to get the lowest tax refund?
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No. The more exemptions claimed, the least is taken out. For example, if I had 3 kids, I could claim 3 or 4 exemptions so that I could keep more money in my check.