https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Wed, 15 Apr 2026 10:52:01 +0000 https://boards.hellobee.com/topic/dual-income-with-kids-did-you-change-your-withholding#post-485887 Mon, 07 Jan 2013 12:13:20 +0000 littlek 485887@https://boards.hellobee.com/ <p>We didn't adjust our witholding. A lot of the benefits from having a kid (child care credit, etc) are phased out for us. :( </p> https://boards.hellobee.com/topic/dual-income-with-kids-did-you-change-your-withholding#post-485873 Mon, 07 Jan 2013 12:10:53 +0000 MamaG 485873@https://boards.hellobee.com/ <p>I did adjust, but not for additional dependents. I finally changed from single to married withholding. We are both presently having married/1 as our withholding. Our taxes are pretty straight forward and we will get a refund this year. We may change in the future. This past year we dealt with some unemployment and didn't want to be short. </p> https://boards.hellobee.com/topic/dual-income-with-kids-did-you-change-your-withholding#post-485856 Mon, 07 Jan 2013 12:06:05 +0000 T.H.O.U. 485856@https://boards.hellobee.com/ <p>I played with some settings last year and it didnt' seem to make a difference. I may ask a CPA to give us some advice this year though. </p> https://boards.hellobee.com/topic/dual-income-with-kids-did-you-change-your-withholding#post-485831 Mon, 07 Jan 2013 11:59:35 +0000 kml636 485831@https://boards.hellobee.com/ <p>I have not thought about this. Before I had LO, our income was 60/40 with DH making more. Now, I'm not sure what to do as I only want to work part time. </p> https://boards.hellobee.com/topic/dual-income-with-kids-did-you-change-your-withholding#post-485653 Mon, 07 Jan 2013 11:09:45 +0000 ladyfingers 485653@https://boards.hellobee.com/ <p>Just out of curiosity since the IRS withholding calculator has been down since LAST MONDAY. Argh. </p> <p>When you had your first kid, did you change your paycheck withholdings? And what was your income situation in terms of 50/50, 75/25 (one spouse bringing in more than the other, etc.).</p> <p>We both work, but I make 75% of our household income and DH makes 25%. In our case, I'm not sure it will help us to adjust withholding, but I hope it will, because we're going to need every penny we can get once we start sending LO to daycare. </p> <p>As far as the child care credit goes, we can only claim like $600 on next year's return according to the worksheet, so that won't really play into our decision. </p> <p>Hoping the calculator goes up soon so I can figure this out and get it taken care of!! </p>