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Get your taxes done using TurboTax
Hi @Spaceman404,
Great question!
The answer depends on whether you had a balance due or a refund at last year end. You would want to add additional withholdings if you owed at the end of the prior year to avoid any penalties and interest. A great tool to use would be our Turbo Tax W4 calculator. Here is a link to the tool:
The tool will help you estimate how much of additional withholdings maybe needed for 2023 based on your current W2 information.
I hope you find this information helpful and feel free to ask more questions. We'd be happy to help!
May 24, 2023
9:44 AM
1,504 Views