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Follow the Instructions on the Form W-4 to arrive at the proper withholding for your situation.
Then submit to your employer as soon as possible.
You will need to have an extra amount withheld each pay period through your Form W4 with your employer. Here is W4 calculator to assist with that endeavor. On the Form W4, line 4c in step 4 is where you can identify an extra amount of withholding for each pay period.
A good estimate is take the amount of tax you are having to pay at the end of the year and divide that over the number of pay periods you have remaining in the year.
Remember anything that is withheld during the year is money you could have had to use/invest as you desire vice the government using/investing it without paying you. A refund is a return of your money with zero interest.
withholding is required.
Just taking the default values on the form W-4 and not trying to be fancy usually works out for most people.
Do you have any other income like interest or dividends? Those usually don't have withholding on them. So you need to pay in extra to cover other income. If you can't increase your work withholding you should consider sending in quarterly estimated payments. If you owe too much on your tax return Turbo Tax will print out the 4 estimates for the next year. They are just suggestions so you don't end up owing again.
How to make the Estimated payments
https://ttlc.intuit.com/community/tax-payments/help/how-do-i-make-estimated-tax-payments/00/25875
Here are the blank Estimates and instructions…..
https://www.irs.gov/pub/irs-pdf/f1040es.pdf
Or you can pay on the IRS website. Be sure to pick 2022 1040ES payment
https://www.irs.gov/payments
No I don't have investments or anything. Just multiple employer's. I guess I'm just going to have to change all my tax forms so they take more out of my checks. Thank you for all of your help
Ok thank you for all your help
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