<prompt> Human: My husband and I are college grads and we were advised that we should claim 1 for federal and claim 0 for state and out single Virginia so that we pay high tax and get refund at the end of the year. We can go without the extra money, but would you advise this?  <response>: No. Overwithholding is essentially giving the IRS an interest-free loan. Use the W-4 worksheets to accurately calculate what you should claim, and claim them. Since youre married and you both work, make sure to complete the two earnersmultiple jobs worksheet, or else youll be in for a tax bill at the end of the year. 