topic Withhold at higher single rate in Investors & landlords

Withhold at higher single rate

flyermania88 — Mon, 31 Jan 2022 21:51:00 GMT

Is it still possible to file as married but at higher single rate

Re: Withhold at higher single rate

AamilD — Mon, 31 Jan 2022 22:01:44 GMT

Yes, It is perfectly acceptable to indicate on your W4 to withhold as Single. People often do this to try to be sure that enough taxes are withheld.

Re: Withhold at higher single rate

flyermania88 — Tue, 01 Feb 2022 00:31:29 GMT

Thanks for the fast reply! “Married but at a higher single rate” used to be an option on a W4, but now all I see is “single or married filing separately”, “married filing jointly”, or “head of household”. So how would I accomplish this?

Re: Withhold at higher single rate

ErnieS0 — Tue, 01 Feb 2022 03:22:56 GMT

Check the box for Single or Married filing separately @flyermania88 if you want your employer to withhold tax at the single rate.

You can withhold single/separate even if you are planning on filing married joint. You will just have more tax taken out, which often helps if your spouse works or if one of your works part-time.

TurboTax has a free W-4 withholding calculator that will show how your refund will change if you choose different W-4 options. It will also show you what numbers to put on the W-4. Try it! W-4 Calculator 2022.