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Get your taxes done using TurboTax
The primary purpose of the W-4 is to withhold enough taxes so that there is no tax balance due at the end of the year. On the 1040 tax return, each source of taxable income gets totaled up to calculate the appropriate tax. So when there are multiple jobs, there is more income and potential for more taxes due.
Please note that each working spouse needs their own W-4 for each employer.
May 29, 2024
2:46 PM
1,943 Views