[stuck_in_new_orleans]

Yes, the more exemptions you claim, the less will be taken out of your check. If you figure at the end of the year you will owe no taxes, then claim more exemptions.

So you can make up any number...like 9 exemptions?

[.38sw]

Sure, make up any number you want. 15. Whatever. Then, if you owe the gov't money when you file and didn't have sufficient withholding during the year, then not only do you get to pay what you owe, but you get to pay penalties. Cool, huh?

[McGavin999]

You must be sure you will owe no taxes.

If you look on page 2 (the back of the form W-4) it will show you how to figure out the number to claim based on your expected tax liability. Just remember, if you owe more, and haven't had enough withheld, they will penalize you.

[hole_n_one]

If you claim anything over 400 exemptions, you should easily clear a 6 figure annual income.

[jocon307]

"So you can make up any number...like 9 exemptions?"

Above a certain amount the number must be reported, at least that's what I was told years ago. Definately follow the worksheet on the form, to be on the safe side, then take one less than you can. Believe me, you don't want to have to write a check next April.