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W2 withholding
I now have to file as single (rather than head of household). I have farmland in another state that is rented (no withholding) in addition to an inherited annuity and a monthly social security payment from my ex-husband. I am still employed full time and just got a raise. I'm already in the 20% bracket and have owed more than $6,000 in taxes last year beyond what I had withheld. So, my questions:
What is the maximum amount I can withhold from my regular paycheck for both federal and state W2s? (I live in Louisiana.) Second, is there a way to get an amount of withholding on my Social Security payment. If so, what percentage should I withhold ?
‎July 27, 2022
9:13 AM