OmM1
Employee Finance Expert

Get your taxes done using TurboTax

Hello Beazer24

Thank you for reaching out and sharing your concern. I do understand your concerns, as no one likes to get an unaticipated tax bill at the end of the year as it upsets whole budget and may also result in interest and penalty charges.

Assuming your husband gets commission from his employer via a paycheck, filling out W4 correctly is the best way to ensure that you would not owe taxes at the end of the year. Please do note that if you have other income then while filling out your W4 these need to be reported as well so that the employer can take our taxes appropriately. Hope the information hereunder helps you in adjusting your W4

 

HOW to adjust my Form W4?

The IRS replaced the old Form W4 with a new system beginning in 2020.

It’s easy to adjust your withholding.  You can do it on paper or electronically.  The old-fashioned way is to walk through the worksheets on the W-4 form.

An even easier way is to use the TurboTax W-4 Calculator.

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

 

 

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