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Get your taxes done using TurboTax
Zero allowances, not zero withholding.
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The new W-4 for the Feds doesn't have allowances anymore (State equivalent forms might, but that's a different issue).
Go ahead and fill out the new W-4 form exactly as it asks for in it's instructions:
Forms & Instructions | Internal Revenue Service (irs.gov)
BUT
...... on line 4c put in an extra amount that you want withheld for every paycheck...to eventually cover what you expect to owe next year. Yeah, it could be a wild guess, but you may get an idea of what is needed after you've fully completed this year's tax return, and see the amount you owe (if you owe)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 24, 2022
2:05 PM