Update your form if you have a new job, had children, got married, or had a significant income change. Our W-4 calculator offers step-by-step instructions on how to put more money in your pocket now, or to get the refund you want at tax time. To avoid further potential penalties and interest, you could make adjustments to your withholding as outlined in the question above "I want a refund at tax time. Your results will only account for federal income tax withholding. Other paycheck deductions are not taken into account.
You should consider other deductions your paycheck, such as Social Security tax, Medicare tax, state tax, local tax, insurance premiums, retirement contributions, etc. You should complete a new W-4 when you start a new job, get married, or have a child if you want more accurate withholding.
The form was redesigned to more closely match your withholding with your tax liability, which reduces the likelihood of a refund. The only two steps required for all employees are Step 1, where you enter personal information like your name and filing status, and Step 5, where you sign the form. Completing Steps 2 — 4 if applicable means your withholding should more accurately reflect your tax liability. This may not be possible in some cases.
With this type of income, you will not have withholding. Make adjustments to your W-4 with your employer to account for your self-employment income or pay quarterly estimated taxes to cover this income using Form ES , Estimated Tax for Individuals. Withholding for this type of income is made by claiming extra withholdings on line 4c. Find a bigger refund somewhere else? See if you qualify for a third stimulus check and how much you can expect Get started.
Easily calculate your tax rate to make smart financial decisions Get started. Estimate your self-employment tax and eliminate any surprises Get started. Know which dependents credits and deductions you can claim Get started. See how much your charitable donations are worth Get started. Know which tax documents you'll need upfront Get started. See which education credits and deductions you qualify for Get started. Skip To Main Content.
Personal Info Select your filing status. Are you filing as Head of Household? Your age as of Dec 31, Feeling good about your numbers? Take these steps to fill out your new W Questions about your W-4? Check out these helpful answers. Where did allowances go? Many employers have an automated system for submitting an employee's changes for Form W Please be sure to check with your employer to see if they have this option available. If you receive pension income, you can use the results from the estimator to complete a Form W-4P PDF and give it to your payer.
This Tax Withholding Estimator works for most taxpayers. People with more complex tax situations should use the instructions in Publication , Tax Withholding and Estimated Tax.
This includes taxpayers who owe alternative minimum tax or certain other taxes, and people with long-term capital gains or qualified dividends. The Tax Withholding Estimator does not ask you to provide sensitive information such as your name, Social Security number, address or bank account numbers. These questions are based on user feedback received. We recommend you refer to the FAQ Page if you have any questions while going through the estimator.
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