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Easy way to estimate tax withholding for 2021
Does anyone know of an easy way to estimate my Federal Tax withholding on each paycheck? I've used the IRS.gov calculator twice now, and it came up with 2 different amounts on the W4's.
After submitting the 1st W2 to my employer, I was giving too much. Now after the 2nd time I submitted my W4, I'm not paying enough taxes. I just want to break even for the year. No refund; No payment.
Does anybody have another option that easy to use? thanks.
March 1, 2021
3:09 PM