Tax withholding calculator

Think that hefty tax refund you got last year was basically a big bonus? Think again.

A big, fat refund just means you’ve been loaning the government too much of your hard-earned cash with each paycheck, and Uncle Sam is simply returning money that was yours to begin with—that’s why it’s called a refund! It’s not a gift, and it’s definitely not free money!

 

Or maybe you have the opposite problem.

Payroll tax withholding calculator

You’re getting hit with massive tax bills, and you’re sick and tired of sending the IRS a big check every April. If that’s you, we feel your pain.

So how much should you withhold in taxes? And when should you withhold an additional amount from each paycheck?

What percentage of my paycheck is withheld for federal tax

How much should i withhold for taxes

Federal withholding tax table

If i make $1,000 a week how much taxes are taken out

What should i put for extra withholding

Answering these questions is easier than you may expect, and it all starts with taking a closer look at your tax withholding.

Tax Withholding Explained

How do you avoid paying too much in taxes each month so you don’t get a big refund?

You adjust your withholdings.

Every time you get a paycheck, your employer withholds taxes

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