Claiming The Proper Withholding Allowances
The withholding tables assume the amount you’re being paid each month is a salary you’ll earn all year long.
First Year MBAs
Consider claiming as many as 9 withholding allowances during your summer employment.
Second Year MBAs
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When you return to work, ask your employer to calculate your withholdings on what is know as the “part-year withholding method”. This special formula bases your withholdings on what you are actually expected to earn rather than on the full-year earnings assumption.