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dshardaway
Returning Member

W-4 Adjustment ?

I file Married filing jointly and my spouse has elected to begin receiving social security in August 2022 while continuing to work. Our income will increase by approx. 15%. How can we adjust our W-4s so that we don’t pay taxes when we file in 2023?

1 Reply
OpeA1
Employee Tax Expert

W-4 Adjustment ?

Hello dshardaway!

 

Yes, you can increase your withholdings by adjusting your W-4 in Step 4(c)Extra Withholding. Here you will enter any additional tax you want withheld each pay period. To calculate that amount, please use our free tax calculator : https://turbotax.intuit.com/tax-tools/calculators/w4/ 

 

 

I hope this helps.

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