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Level 2
October 13, 2022
Solved

Can anyone help me understand Federal withholding now that it's changed from the "0-9" to a formula? Even looking at the worksheet, I am confused. Thank you.

  • October 13, 2022
  • 1 reply
  • 20 views
I changed my withholding from what it always has been, "0", to the formula that the IRS has, but I don't think I calculated it right.  I do miss the single digit options.  Thanks in advance.
Best answer by rjs

Are you talking about filling out a W-4 form? Use the Tax Withholding Estimator on the IRS web site to figure out what to put on your W-4 form. It will show you how to adjust your withholding to get the approximate refund amount that you want.

 

1 reply

rjs
Level 15
rjsLevel 15Answer
Level 15
October 13, 2022

Are you talking about filling out a W-4 form? Use the Tax Withholding Estimator on the IRS web site to figure out what to put on your W-4 form. It will show you how to adjust your withholding to get the approximate refund amount that you want.

 

Level 2
October 13, 2022

My withholding has been "0" for years, so I'll just sign and submit a zeroed out W4.  Thanks for your help.