Newlywed w-4 withholding options?

I am recently married. My new wife and I each earn significant incomes. We also have mortgages, investments, and other deductible items that reduce our tax liability. What are the best ways to complete the new W-4 so that we minimize any interest free loans to the IRS? Thanks!

You can use form 1040ES (here http://www.irs.gov/pub/irs-pdf/f1040es.p... ) to estimate your tax liability. You can also try the IRS withholding calculator here http://www.irs.gov/individuals/article/0...

no sure
check with a tax site
go to google and type in w-4 newlywed
or go to turbotax.com

My suggestion is too get advise from a financial planner/consultant or a tax accountant as their are various forms of deferring your taxes on interest free loans also this expense is tax deductible.

Since both are working I would claim 0 exemptions for the lower paid and then complete the work schedule for the higher paid that is on page 2 of the W-4 form to see how many exemptions the second spouse should claim.

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