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IRS tax withholding estimator returned negative value

I used the tax withholding estimator to see how my husband and I needed to adjust our W4 witholdings. We file Married Jointly. His came back with a negative amount in Step 3, Box 3. Can he give a negative amount to his employer and will they know how to handle that in their payroll system? 

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2 Replies
Jennifer_A
Employee Tax Expert

IRS tax withholding estimator returned negative value

No, I would not give a W4 with a negative number in Step 3, Box 3.  They will most likely give the W4 back asking for clarification.  Try the IRS calculator for withholding.  This is my favorite calculator.  You will need a copy of your most recent tax return and most recent paystub to get the most accurate withholding.  Note that this is an estimate and should be checked any time there is a new job or change in employment.  It is also a good idea to check on your paystub withholding in June and October to correct any withholding issues.

mbpeddie
Employee Tax Expert

IRS tax withholding estimator returned negative value

Hello,

Thanks for your question but I would need more information . Step 3, Box 3 of the W4 withholding calculator is for spouse's wages received so far this year. Are you referring to your results as to how much to have withheld?

Here is the link to the W4 calculator:

https://turbotax.intuit.com/tax-tools/calculators/w4/

Mary, credentialled tax expert

 

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