Employees with too much or too little tax withheld from their paycheck can give their employer a new Form W-4. Mid-year is a good time to make adjustments if needed. The IRS Withholding Calculator can be used to determine the number of allowances to claim. If you are self-employed, Form 1040ES should be used to remit quarterly estimated tax payments and can also be used to determine the amount of tax to remit.
Leave a Reply
You must be logged in to post a comment.