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Retirement tax questions
You mean your W-4--not your W-2. Your W-4 is the form you fill out for your employer so they know how much tax you want to have withheld from your paycheck. You can fill out a W-4 that will change how much they are withholding, but there is not much of 2020 left in which a change will have a big effect. If you expect to owe at least $1000 to the IRS at tax time you could also make an estimated payment ahead of time on the IRS site to avoid an underpayment penalty on your tax return.
https://www.irs.gov/pub/irs-pdf/fw4.pdf
https://www.irs.gov/payments/direct-pay
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎October 23, 2020
7:50 AM
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