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Get your taxes done using TurboTax
Hi SKOG1, It can be tricky finding that sweet spot of tax withheld and not owe too much tax and not receive too large a tax refund! There is a W-4 Calculator that takes you step-by-step through the worksheet,
https://turbotax.intuit.com/tax-tools/calculators/w4/
Once you complete the form, give it to your employer. Then, keep a close eye on your next few paychecks to see how the changes impacted your federal income tax withholding. It's always a good idea to compare your 2021 total tax on your 2021 tax return to your year-to-date federal tax withholdings on your most recent paycheck and estimate where you will be at the end of 2022. If you find you need more withheld you can enter amount in Additional Withholding in Step 4 (c) – Extra Withholdings to be withheld each pay period.
I hope you find this helpful!
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