Hello! My name is Swapna & I'm an Enrolled Agent & a Tax expert at Intuit. I've been a Texas resident for past 18 years. I love doing taxes & helping any way I can!!
From the IRS's perspective, it makes absolutely no difference whether the additional $2,600 over the year comes entirely from your paycheck or is split between ...
Yes, that's a very common and generally effective strategy to address consistent under-withholding, especially if your income, deductions, and credits remain re...
It's frustrating to face penalties every year! The good news is that with a bit of adjustment on the W4, you can avoid owing the IRS money and those penalties.
...
When you and your spouse are in a top combined federal tax bracket and want to avoid a large year-end payment, the best approach is to ensure that enough tax is...
Here are some steps to help you adjust your W-4 forms to avoid owing taxes:
Update Your Filing Status:
Married Filing Jointly: If you plan to file jointly, ...