anyone ever file exempt on taxes?

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Joined Jul 22, 2007
how did it work? Im told you could do it for a couple months and not be penalized, but something just seems fishy......it would be nice to see some tax free checks though. 
 
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Joined Apr 25, 2011
i do it at work everytime i get a bonus.... but i change it back the next week after getting paid!! if you leave it on there too long it will *%#$ you over in your tax returns ..check comes out fat
 
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Joined May 17, 2008
I usually put in zero dependent for 11 months out of the year. When it comes to around Nov., I change it to exempt for two pay periods. My check is hefty for those two pay periods, perfect for Christmas shopping. I switch it back to zero dependents right before December. When I file my return, I still get a refund, but not as big because I kind off "advanced" it when I switched to exempt.
 
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Joined May 6, 2011
i do it around the holidays since i get holiday pay for working x-mas and new years. thats a fat check. then i just change it back after that one pay period.
 
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Joined Mar 8, 2009
Three letters.....I R S...

Don't think it's not being noticed when you switch on and off exempt.
 

ins

2,717
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Joined May 22, 2010
If you are not going to make more then 8,000 in the year and are a student then do it.
 
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