conniem123
Expert Alumni

Get your taxes done using TurboTax

Hi Emoh,

 

Hope you are having a great day!

 

It is not fun having a large balance due when filing your tax return.  Based on your 2022 tax situation it does sound like updating and submitting a Form W-4 to your employer is a good idea.  

If the W-4 calculator still reflects amount due, you can have Extra withholding.  Estimated the amount of tax still due when filing your 2023 tax return, divide that by the remaining pay periods in 2023, and enter on Form W-4 Step 4(c).

 

TurboTax also has a Form W-4 tool, https://turbotax.intuit.com/tax-tools/calculators/w4/

 

Once you complete the form, give it to your employer. 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 information helpful!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"