I always like using line 4C to add extra withholdings. It is fairly simple. You just do a tax estimator and then see how much you will be owing. Then you can figure out how many times you are paid per year, divided the amount you will owed by the number of times paid. Add that number to your line 4c.
Here is an example, you owe $10000 on your 2022 tax return and you are paid every 2 weeks. Take $10000/26=$385 that would be added to 4c.
If you go in now and see you will owe about $5000 then you will only have a few more pay periods for 2023. I would suggest doing the same math but sending in an estimated payment to make up the amount that will not come out of a check. So $5000/26=$192.31. You will pay that maybe 3 more pay perioed and then the rest you would pay with an estimated payment.
Hope that makes sense.
Katie S
Katherine S 63
