turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to adjust to change in federal supplemental tax rate?

The tax act of 2017 decreased the federal supplemental tax rate from 25% to 22% which means less is tax is being collected by my employer for stock grants and I may be underpaying.  Since I don't know how much stock I'll receive from my employer in advance, how should I adjust to reduce how much I owe in April 2019?  Are others guessing how much stock they'll get and adjusting their W-4?

 

Federal supplemental tax rate: https://www.patriotsoftware.com/payroll/training/blog/wp-content/uploads/2018/01/income-tax-withhold...

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Carl
Level 15

How to adjust to change in federal supplemental tax rate?

There's really no need to adjust the W-4 if you don't want to. You may find it easier and simpler to pay any tax you think may be due in addition to your withholding, at http:www.irs.gov/payments. Make sure you print out your receipt and file it with your 2018 tax paperwork so you'll have it and remember to enter it at tax filing time.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question