Hi, I’ve been reading this post about taxes.?
Ah I just realized this is yahoo ask for Canada.
I’m in the States.
I just want to know, as a single person, with low income, who is paying alot out on student loans if I can claim 2 on my withholdings for north carolina state taxes as well as federal.
so far, i have claimed 1 on federal and 0 on north carolina, and my check is tiny.
gross pay is 1083.33 real pay was 825.14
as long as you pay at least 90% of your tax liability during the year you will be ok. of course, pay the rest at tax time.
in many cases, the irs will not even care if you pay less than the 90% requirement as long as you are good about paying the rest in a timely manner at tax time.