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Please explain the W-4 to me...
For the single folks, do you all claim yourself on your W-4? The reason I'm asking is because I don't claim myself, but I'm barely clearing enough money after bills to scrape by (my parents are buying me food--aaggh) and I was considering changing my W-4 so that I would be claiming myself, which would give me a little extra every week. I know I'll get a tax return at the end of the year, but...I really need the money now, as opposed to then. However, they tell me that if you claim yourself, you might have to pay more at the end of the year, but nobody knows how much because the understanding of taxes has so far eluded mankind. So what do you all suggest?
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