JBedford
Employee Tax Expert

Get your taxes done using TurboTax

Hi, @Jawad-2002 ! I would enter the $20,000 as "miscellaneous income" on the calculator. If you've already done that and it's saying that you will owe $2,000 at the end of the year, then you want to increase your withholding to cover that amount. Simply divide that amount by the number of pay periods remaining this year. Then, the easiest way to increase your withholding by this amount is under Step 4 of the W-4 form, item (c). Please let me know if this raises additional questions! 

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