The TurboTax W-4 calculator will take care of your regular job income withholdings. If you switch jobs during the year, enter 2 part-year jobs when you use the calculator. As for the severance package, sometimes employers count them as supplemental income, and the standard withholding rate is 22%. If you think your marginal tax rate is in the top bracket (37%), you might want to send in extra or save some money to pay the taxes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
