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New Member
posted May 28, 2025 9:52:55 AM

How do I change my W-4 so I don’t owe taxes again?

What is the best to estimate my W-4 so I don't owe any federal or state taxes.  

 

All of these apply:

- I work

- My Spouse works

- I have a side job

- I have 2 children that work.  1 is over 18.

0 9 2194
9 Replies
Employee Tax Expert
May 28, 2025 9:54:59 AM

You can use the IRS Tax Withholding Estimator to estimate the extra amount you should withhold.  It considers your filing status, dependents and any other income.  Divide the amount among your remaining pay periods for the current year and note that amount on Form W-4 Line 4(c).  It will add to your Federal withholdings on your W-2.  If you have too much withheld, it will be refunded on your tax return.  You can make adjustments during the year if your income changes.

 

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New Member
May 28, 2025 10:58:33 AM

Do I enter in my dependents (under 18) salary as an income source?  Is there a specific amount that they have to make to be included as an income source?

 

Same question for a child 18+?

Level 15
May 28, 2025 11:06:03 AM


@AZ-Wildcat-22 wrote:

Do I enter in my dependents (under 18) salary as an income source?  Is there a specific amount that they have to make to be included as an income source?

 

Same question for a child 18+?


No, you do not enter a dependent's salary as an income source.  Nor the salary of a non-dependent that resides in your household.

Employee Tax Expert
May 28, 2025 11:07:55 AM

You do not include your dependent child's wages on your tax return.

  • A dependent child who has earned more than $14,600 of earned income (tax year 2024) typically needs to file a personal income tax form. Earned income includes wages, tips, salaries, and payment from self-employment.
  • A dependent child who receives more than $1,300 in investment income in 2024 is required to file a tax return. Investment income includes interest and dividend payments.

    Here is the link on tax filing requirements for children:  Tax filing requirements for children 

Employee Tax Expert
May 28, 2025 11:12:58 AM

No, you typically do not include either of your dependents income on your return (there is an investment income exception discussed in the link below).  

They may have a filing requirement on their own if either earned more than $14,600 or had more than $1,300 of investment income in 2024.  Tax Filing Requirements for Children

If each one earned less than the $14,600, you may still want to file if state or Federal taxes were withheld and you want to claim the refund.

New Member
May 28, 2025 11:13:20 AM

For my side job, I am paying estimated taxes.  Assuming I pay those accurately, should I enter this in as another source of income?  Or don't as I am paying taxes through the year?

Employee Tax Expert
May 28, 2025 11:15:57 AM

Yes, you must include your side job income on your return.  You also include the estimated taxes you paid for that income in the payments section.  The side income may bump you into a higher tax bracket. 

New Member
May 28, 2025 11:23:25 AM

For purposes of the calculator, I am assuming I just make a guess at what that income would be if income varies each year?

Employee Tax Expert
May 28, 2025 11:25:14 AM

Yes, make your best estimates.  You can always run through the calculator and make adjustments on the extra amount you want to withhold on Form W-4 Line 4(c) throughout the year.