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 it 40 Indiana Tax Booklet  Form 2014

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hey y'all all right let's answer this question right here what is the difference in filing exempt and claiming zero good question really good question following exempt and claiming zero in a way are opposite of each other let's talk about claiming zero guys this is a term that people use which pretty much means i'm gonna put a zero on this w-4 form so that throughout the year i'm paying the highest possible rate in taxes yes the highest possible rate in taxes sometimes people do this out of fear they just do not want to owe the government at the end of the year and that's why they like getting their refunds for other people they're used to owing because of the tax bracket that they're in maybe they're not investing they don't have any outside businesses so because of their tax bracket they're used to owing they may put a zero on here just to lower their tax obligation so the term claiming zero is a

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