Home Business Jobs
Posted January 12, 2010
By selge
W4 for two jobs and home based business?
I have a home based business and two jobs full time. Someone told me that the claim 9 Exemptions in my W4 for my work because I have a business. Is this legal? If so, what kind of exceptions could complain?
i dont know if it's illegal, but why do that? your business will generate more tax revenues owed, which could be offset by her two jobs. do what he has recommended it do well to get a lower yield or perhaps owe taxes. And if you must, this may cause you to pay a fine for not paying estimated taxes on the income of your business. That makes sense for some people but not for a person in his situation.
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