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I have a primary salaried job and a secondary hourly job with variable income. What's the best way to fill out my W-4s?
I owed a lot last year because my secondary job was not withholding any federal or state taxes. I've used the IRS withholdings calculator and come to an amount per paycheck. I currently have it set up removing the money from my salaried job since my hourly job is variable and not ideal for tax withholdings.
Is it better to manually withhold the amount calculated from the IRS form from my primary job's W-4 and say "No" to the multiple jobs question on the form. Or, should I not manually withhold any money, but simply select "Yes" to the multiple jobs question on the W-4? It seems like when I do the latter option, the amount paid in taxes per paycheck is far too high.
I've tried a lot of options and not sure which is best. Thanks!
May 29, 2024
9:41 AM