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      01-02-2020, 02:08 AM   #13
AlpineWhite_SJ
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Drives: 2018 F80 M3 ZCP, 2020 F97 X3MC
Join Date: Sep 2017
Location: Bay Area, CA

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Talk to your CPA and if they let you do an allowance of 8, fire them. You left out a lot of details to get the proper input on this topic - what’s your budget for the house, what size loan (mortgage interest capped on loans at 750k), estimated state taxes, etc.

SALT deductions were severely curtailed for someone in typical CA situation with Trump tax cut so I would think twice about changing your withholding because you think you’re going to offset with property tax and mortgage interest deductions.
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