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In conclusion, we've worked through two W4 forms. One for James Smith and one for his
wife, Mary Smith. In James' case, if you remember, he had his job first so when he filled out
his personal allowance worksheet he claimed himself, he did not claim Mary, he did claim
his two children and he did claim two child tax credits so his total deductions, personal
allowances were five and that's what he entered on his form. When Mary got her job, she entered
one for herself but note she didn't enter anything else because that had already been
taken on her husband's personal allowance worksheet. So she claimed one here, that's
because she had a situation where she was married, she went through the two earners
multiple jobs worksheet and the end result of that was that she ended up not claiming
any allowances and had an extra hundred and eighteen dollars per pay period deducted from
her pay so that she would not end up owing money to the government. So the main thing
here is to remember that if you are a married couple and have two jobs within the family
to make sure that you do complete all the forms and make sure that you don't mess things
up by either not having enough tax withheld or having too much withheld. If for example
you're just one person and you have two jobs, make sure on your second job that you do not
claim any withholding allowances.