Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
mkkarleskint
New Member

Unemployment 2021

Husband was unemployed in 2021 and we didn’t even think to get taxes taken out. We have 3 kids and receiving the child tax credit this fall. How much should I set back that will be owed to the government?

2 Replies
AdamNe
Employee Tax Expert

Unemployment 2021

Hi, @mkkarleskint !

 

I would strongly suggest you check out our TaxCaster, and enter all your income and other info so you can get a good estimate of how much tax will be due for you when you file. 

 

Link to the TaxCaster

 

It is difficult to give a solid answer without seeing the whole picture, so using that tool is your best bet in getting a good estimate of how much you should expect to pay. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
OpeA1
Employee Tax Expert

Unemployment 2021

Hello mkkarleskint!

 

Generally, you would either withhold more or less from your income. To determine how much tax you should withhold, please use the tax tables: it uses income, martial status and number of dependents to calculate the amount.

To determine which is best in your situation, please see the following link to the IRS page regarding unemployment:  https://www.irs.gov/taxtopics/tc418 

 

Scroll down to: How to Pay Taxes for Unemployment Compensation and use the links for Tax Withholding.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v