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Q&A of the Week June 2, 2021

Read our answer again below and check out these helpful links!

Yes! This will help ensure that you are not having too much or too little tax withheld.

The IRS has a Tax Withholding Calculator, https://www.irs.gov/individuals/tax-withholding-estimator, which helps guide you through the process of checking your withholding and provides recommendations. If you decide to change your withholding, you will fill out a W-4.

For more information:

https://www.irs.gov/newsroom/checking-withholding-can-help-taxpayers-decide-if-they-need-to-give-their-employer-a-new-w-4