Hi - thanks for being here today!
May I confirm that I am taking the correct actions?
In 2022, I had one part-time W4 job (24 hrs/week)
In 2023, I added a second part-time job (total 50-64 hrs/week between the two)
I didn't adjust my individual W4s to account for the new TOTAL gross income, and owed the IRS a big chunk of change for 2023.
For 2024:
I've increased federal withholdings.
I will use the Turbotax W4 calculator to confirm that I'm withholding enough in 2024.
** Is there anything else I should know or do?***
Thank you!
-Emily
