multiple jobs

Forum|Forum|1 year ago
March 25, 2025
1 reply
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If i work 2 jobs for do I change my deductions for both employers

MinhT1

Level 15

Yes, you'll need to complete form W-4 and file it with both your jobs. This will ensure that enough Federal tax is withheld so that you don't incur underpayment penalty at tax time.

Please read carefully the instructions especially for Step 2.

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LaTajaAuthor

Level 2

Thank you.

Can you explain the difference between the W2 and W4

MinhT1

Level 15

The W-4 form is a form that you submit to your employer to allow him to calculate accurately the federal taxes to be withheld from each of your paycheck.

The W-2 form is a tax form which reports to you (and the IRS) your earnings, withholdings, deductions, and other details for the tax year.

Please read this TurboTax article about form W-2.

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