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Federal Tax Withholding Calculation
I'm retired and I get a monthly pension. I want to determine the calculated amount of taxes to be withheld if I selecct single or married filed jointly. I don't have any dependents. The amount to be withheld will determine how much extra withholding I chose.
I can't find a calculator that will allow me to do this calculation. Depending on this calculation, I will revise my W-4P. Is there anything in turbotax that would do this calculation for a fixed monthly pension? If not, is there a website that would provide this?
Thank you.
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March 2, 2024
8:04 AM