What is the diffrence between claiming exempt and 0 on w4?



Answers:    Claiming "O" means that you hold no dependents and they will take more money out of your paycheck every week, this keep you safe from underpayment at the winding up of the year.
Claiming "EXEMPT" means you are indicating that you are free from paying taxes. This lone works if you have have no income for a year or more and are returning to work. I would not recommend this course of action minus seeking the advice of an accountant...
Lots of difference. If you claim exempt, they won't transport anything out for income tax - you are solitary allowed to do this if you do not expect to owe any income tax for the year. If you claim nothing, you are telling to cart the most out according to the withholding tables.

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