Can I get some advice on how to revise a W4 so that we are not cutting ourselves short and having to owe at the end of the year?

Forum|Forum|7 years ago
June 1, 2019
3 replies
26 views

My wife ended up having to owe quite a bit this year and it had wiped out any refund that we would have otherwise been owed.

xmasbaby0

Level 15

<a rel="nofollow" target="_blank" href="https://www.irs.gov/individuals/irs-withholding-calculator">https://www.irs.gov/individuals/irs-withholding-calculator</a>

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

VolvoGirl

Level 15

Change your W4 to 0 allowances. And maybe to Married but claiming at the Single rate. When you both work you usually don't have enough taken out. Each job only withholds like it is your only job.

rjs

Level 15

Use the Withholding Calculator on the IRS web site to figure out what to put on your W-4 form. The IRS Withholding Calculator is at the following link.

https://www.irs.gov/individuals/irs-withholding-calculator