Mid-year job change

Forum|Forum|4 years ago
July 27, 2022
2 replies
28 views

We are a family of 4 (two kids under age 6). We started the year with 2 incomes and withhold in the higher side for a larger refund. However, my wife stopped working around April and we now are a single income family. How do we update the form correctly?

Critter-3

Level 15

http://www.irs.gov/Individuals/IRS-Withholding-Calculator

johnd84

Employee Tax Expert

Hi jaawarne,

Thanks for the question. So your wife won't have withholdings going forward. You don't have to update your form - it will likely result in higher withholdings than necessary. If you do choose to update you would contact your HR/payroll department to fill out a new form. It might help if you could get a copy of your old W4 to compare. Intuit's W4 calculator may come in handy. W4 Calculator

On the new W4 form make sure you fill out step 3 to include all your children under 17. Other than your basic info in step 1 that should be all you need to fill out. I hope this helps.

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