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Petrice
Level 1

W-4

How to estimate correctly 

1 Best answer

Accepted Solutions
conniem123
Employee Tax Expert

W-4

Hi Petrice,  It can be tricky to find that sweet spot of withholdings to not owe tax and not have too large tax refund!  There is a W-4 Calculator that takes you step-by-step through the worksheet,

 

https://turbotax.intuit.com/tax-tools/calculators/w4/

 

Once you complete the form, give it to your employer. Then, keep a close eye on your next few paychecks to see how the changes impacted your federal income tax withholding.

 

I hope you find this helpful!

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

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1 Reply
conniem123
Employee Tax Expert

W-4

Hi Petrice,  It can be tricky to find that sweet spot of withholdings to not owe tax and not have too large tax refund!  There is a W-4 Calculator that takes you step-by-step through the worksheet,

 

https://turbotax.intuit.com/tax-tools/calculators/w4/

 

Once you complete the form, give it to your employer. Then, keep a close eye on your next few paychecks to see how the changes impacted your federal income tax withholding.

 

I hope you find this helpful!

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