Hi @amberskye81 ,
If you have multiple jobs, it's essential to ensure your W-4 withholding is accurate at each job to prevent tax liabilities and underpayment penalties. Here are a few steps to help you manage this effectively:
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Use the IRS Tax Withholding Calculator to determine the correct withholding based on your total income from both jobs.
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Update your W-4 forms and check the box in Step 2(c) for both jobs.
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Refer to the Multiple Jobs Worksheet on Page 3 of the W-4 to calculate any additional withholdings.
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Enter an extra withholding amount in Step 4(c) to account for taxes from both jobs.
Additionally, consider using the TurboTax calculator to estimate your tax liability. If you'd rather not adjust your withholdings through your paycheck, you can make estimated tax payments directly to the IRS by visiting their "Make a Payment " page.
Keeping your withholding accurate ensures you're financially prepared and avoids any surprises when tax season rolls around!
Good Luck!
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