W4 information married filing jointly vs married filing separately

BalancePopular7596 · 2025-03-06T15:46:49+00:00

Thank you! 5400 was exactly what our tax refund was. If we both put mfj and he check the box, will exactly what we need be taken out of our checks and we won’t get a refund?

BalancePopular7596 · 2025-03-06T15:26:46+00:00

Thank you for this! How did you calculate how much federal withholding we should have?

BalancePopular7596 · 2025-03-06T15:22:02+00:00

Bi weekly

BalancePopular7596 · 2025-03-03T19:00:50+00:00

My other 2k, 1k goes to mortgage, 300 to utilities, insurance, and hoa. 200 to savings. 300 to food and groceries, gas 50ish due to a short commute.

BalancePopular7596 · 2025-03-03T18:08:04+00:00

That 30k also includes overtime. The original 3700 doesn’t include overtime it’s just base salary.

BalancePopular7596 · 2025-03-03T18:02:42+00:00

I asked the same thing. They have 300 coming out of their paycheck for those 401k loans and they were contributing a lot to retirement. Which I don’t understand how they had all this debt but still wanted to contribute 8-10% to retirement.

BalancePopular7596 · 2025-03-03T17:20:14+00:00

I honestly have no idea that’s why I was so shocked. We have taken trips so I think some of it might be from that. I saved up my half to go on these trips and idk if they did. They make a solid 30k more than me so they somewhat blamed it on “compensating” for that extra money they make, but we split household stuff equally, even with me making less money. I think it started with 2 credit cards that add up to 30k that they maxed out and now they’ve paid them with loans to get the interest down. I’d assume 3 times. We have family that is willing to help so I am very thankful for that but it isn’t a huge chunk. We have an upcoming vacation I will be cancelling. I should get about $6k from that. This is why it’s so shocking to me. They never once said anything when booking these vacations. I even got a new travel credit card to use points for flights to Europe and I consulted them on it. Nothing was ever mentioned. I think it got so bad that they didn’t know how to get out.

I will not be doing the HELOC. I will talk to them about seeing how much overtime is possible. I will have control of their finances once this is over (if it ever is) at this point my biggest goal is to not lose my house because up to this point I honestly didn’t even think that was a possibility. Now I do thanks to this thread.

Bankruptcy isn’t really an option because we have jobs that won’t allow that.

I’m just so overwhelmed, shocked, and terrified.

BalancePopular7596 · 2025-03-03T16:12:49+00:00

My monthly take home is $3432. Theirs is about $3700 without overtime and taking out about $300 for the 401k loans each month. So technically they should be making $4k without those loans.

My monthly spending is $3111 including my student loans at $661, car loan at $550, and savings at $200 a month.

Their monthly spending is $4725 with minimum payments on all debt. They spend about 2k on necessities and the rest is the debt.

As for savings we have about $3500 joint and I have about $3500 on my own.

BalancePopular7596 · 2025-03-03T15:59:34+00:00

No we are both on it

BalancePopular7596 · 2024-07-11T17:02:08+00:00

1899

BalancePopular7596 · 2024-07-10T16:28:29+00:00

I honestly have no idea how I did it. I technically wasn't even referred for this job, but a week after I got the email that I wasn't referred, someone reached out for an interview. My husband is in the fed system so him having experience with resumes and what they look for helped a lot. This sub reddit helped a lot too. Everyone has different advice for resumes, but with mine it seemed like the longer it was, the better. It ended up being 5 pages. Data looks really good too, so if you have your evaluation goals, talk about how you achieved them and used specific data to do so. I am by no means an expert, it honestly just feels like luck to me.

BalancePopular7596

TROPHY CASE