Hey all,
Wanting to check with the experts about the proper way to complete the following items and get your confirmation if I'm doing this correctly. Some background: My wife and I both work and receive W2's. We have 2 dependents and obtain rental income monthly. We did not have enough being withheld last year and want to make sure we get to see a positive return in 2026.
- Our rental income I assume would be entered in Step 4a. That step reads like you enter in the income expected over the entire year? e.g. We will earn $14k from a rental in 2025, so I enter $14k in step 4a?
- Even though we both entered 2c, we still owed money last year. I'm not confident the option is taking out enough money. What is the downside of submitting some extra withholding under 4c? Whatever we pay extra we would just get back next year no?
