Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph earns a total of $98,000

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Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph earns a total of $98,000 and estimates their itemized deductions to be $28,500 for the year. Kathy is not employed. Use Form W-4 on Pages 9-39 and 9-40 to determine the number of withholding allowances that Ralph should claim. 

Form W-4 (2018) using this calculator if you have a more complicated tax situation, such as if you have a working spouse, more than one job, or a large amount of nonwage income outside of your job. After your Form W-4 takes effect, you can also use this calculator to

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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