conniem123
Employee Tax Expert

Get your taxes done using TurboTax

Hi Taxman57, yes that's always the sweet spot to not owe and not a large refund!  Finding that perfect withholding can be tricky.

 

There is a W-4 Calculator to walk your through the steps,

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

 

If you find there is not enough withholdings, one remedy to increase withholding from paycheck:
Remove the Child Tax Credit from Step 3 (Claim Dependents), this will remove the credit and
allow the employer to withhold more tax.

 

Once you complete the form, give it to your employers. Then, keep a close eye on your next few paychecks to see how the changes impacted your federal income tax withholding.

 

I hope you find this helpful!

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