W4 Tax Form, w4 Tax Estimator. How to use W4 Tax Withholding Estimator for Married, Single, Head of

[@courtneypeterspatterson8853]

Katie this is sooooo helpful!! The old W4 was confusing enough, so I had no idea where to start with this new version!! Thank you!!

[@KatieStOresCFPChFCEA]

[3:03pm PST] @SaintOres.com Thanks Courtney, You're sooooooo welcome! The government loves to make confusing forms for everyone to fill out.

[@daysirosales2731]

Hi Kate, what if you don’t have a paystub to input fed tax?

[@KatieStOresCFPChFCEA]

Estimate your gross pay by considering your expected salary and bonuses for the year. This is your income before taxes and deductions.

[@dionnet2574]

Is there any way to fill it out where we dont have as much taken out if single no dependants?or we can only just fill out and sign is there option to reduce how much taken per paay?

[@Quelstylz]

The new 2022 form asks “How many jobs will you and your spouse have this year in which federal income tax is regularly withheld? Include past, present, and future jobs. The first one has been added for you.” I’m filing jointly and my husband works, should I put 2?

[@KatieStOresCFPChFCEA]

[3:33pm PST] @TaxesbyKatie.com Hello QuelStylz, If you have two jobs between you and your husband, it's one job each. The IRS like to make it confusing.

[@tylerflood3514]

Hello! Thank you so much for the helpful video. If I use the slider to change my withholding because I want my paycheck to be bigger, but then I get a raise halfway through the year… would I need to submit a new W-4 and recalculate my withholdings?

[@KatieStOresCFPChFCEA]

[10:07am PST] @TaxesbyKatie.com Thanks Tyler, Yes, it's best to revisit your W-4 later in the year and submit another one if you need to.

[@Sahn_Cho]

I’m confused. If I want to see more in my check and less of a refund at the end of the year, then wouldn’t I need to take less withholding instead of adding more? I’m confused why line 4c would need to be filled. Where did the $151 come from if $320 less than the current withholding?

[@erikcastillo8857]

Hi, im curious about this as well. Last year i did the calculator and both my wife and i entered the amount that it asked me to and i ended up owing money this year. I checked the calculator again and its telling me the same deal that i have to adjust line 4c to the recommended amount but its actually lower than the top amount mentioned. Is this a glitch or am i doing something wrong?

[@Darvineb86]

Did anyone here figure out the problem? My pre filled form gives me a number in step 3 line 3, but it’s my understanding that if I want less withholdings i then have to increase the number in 4b.

[@KatieStOresCFPChFCEA]

[4:28pm PST] @TaxesbyKatie.com Hello Darvin, Like you said, if you want less withholding, increase the number on 4(b). If you really want to dial in a number, try using the IRS withholding tax estimator (which was just recently updated). You can make adjustments and then see how these adjustments affect your withholding. That way you can dial it in. Use the results from the estimator to determine what information to put on your W-4. Please take a look at this video to help use the IRS tax estimator. kzbin.info/www/bejne/p2qnfpmprdWHf8U OR Here's a direct link to the tax estimator www.irs.gov/individuals/tax-withholding-estimator

[@nthpokt]

Hello, Thanks for doing all of these videos...They are great! My question is about the W-4. I filled out the form using boxes 1 and 5. The Company payroll department did not take out any Fed or State tax. Shouldn't they know how much to take out according to my tax bracket or do I have to tell them myself? I'm a little confused on what to do.........Thanks!

[@KatieStOresCFPChFCEA]

[4:59pm PST] @TaxesbyKatie.com Hello Rick, It's possible that you might not have anything withheld. But just to make sure, try using the IRS tax withholding estimator (just updated a couple of days ago). Here's the link. www.irs.gov/individuals/tax-withholding-estimator Better to take a few minutes now to make sure then to get a big tax bill when you file your taxes.

[@conrailhbgline]

Great video! In the estimator, where should I enter pension contributions. It talks about 401k, IRAs, etc., but nothing regarding pension contributions that are done pre-tax.

[@KatieStOresCFPChFCEA]

[1:31pm PST] @SaintOres.com Hello Phil, It should be in Step 3 (Adjustments).

[@jacintawhitney4157]

They changed the way the format of the calculator. It is so confusing. I hope that you can update the information. I used your other video on option 2 for filling out W4. That was very helpful. Thank you.

[@KatieStOresCFPChFCEA]

[11:11am PST] @SaintOres.com Thanks Jacinta, Glad it was helpful. I'll take a look at the tax estimator today and see what they changed.

[@candma4240]

Hi Kate, I just watched your W4 2021 video and it was very helpful. Thank you!!! I had a question - My husband's new job withholds taxes. I work for 2 other companies as an independent contractor. I saw on the tax estimator that it referred to jobs which have taxes withheld. My jobs don't withhold federal taxes, as I pay them myself at tax time. Does my husband even need to fill out Step 2 on the tax form since I am an independent contractor?

[@KatieStOresCFPChFCEA]

[10:33am PST] @SaintOres.com Hey C, No, your husband doesn't have to fill out Step 2 since you are an independent contractor.

[@candma4240]

@@KatieStOresCFPChFCEA Thank you! I was rather stumped on how to do so. I really appreciate your reply. Subscribed!

[@KatieStOresCFPChFCEA]

@@candma4240 [2:43pm PST] @SaintOres.com You're welcome. And don't worry, the government prides themselves on making confusing forms for everyone to fill out.

[@yeslmm2296]

Kate you rock thanks for making this!

[@KatieStOresCFPChFCEA]

Thanks Yes, You're so welcome!

[@MaxNan2008]

Hi Katie, I was looking all over for better explanation on W4 tax withholding and I found everything I need in your channel, subscribed! Can you help me on this? In Income and Withholding I select "My or my spouse’s paychecks vary week to week. Averaging 2-3 paychecks" Using your last 2-3 paystubs: Enter amount for pay period 1.....Do I have to enter the Gross amount or after taxes deduction? also for the "Enter wages earned Year-to-date from your or your spouse’s most recent paystub" Gross amount?

[@KatieStOresCFPChFCEA]

[10:44am PST] @SaintOres.com Hello Maximiliano, Thank you for subscribing and welcome aboard. You have to enter your gross taxable wages for specific pay period.

[@MaxNan2008]

Thank you so much!

[@stop08it]

Is there an example for hourly workers, I'm only finding demos for salaried workers and the questions are slightly different...

[@KatieStOresCFPChFCEA]

Hi Stop it, If you're an hourly worker and looking to manage your tax withholdings, the government's IRS withholding estimator is a great tool to use. This tool can help you calculate how much federal income tax you should have withheld from your paychecks based on your income, filing status, and other factors. By using the estimator, you can make sure that you're withholding the correct amount of tax and avoiding any potential underpayments or overpayments. Give it a try. Here's the link... www.irs.gov/individuals/tax-withholding-estimator

[@cliff1422]

So when I do this estimator for my wife and I the pre filled W4s doesn't put the child on either form. We have a job each and one kid. There is a decent difference in pay between us. Why is it leaving that $2000 for the child blank on the pre filled form? Do I add that manually? We had a 3k tax bill this year and trying to avoid that surprise again

[@KatieStOresCFPChFCEA]

[10:17am PST] @TaxesbyKatie.com Hey Cliff, You can just add your child manually.

[@cliff1422]

@@KatieStOresCFPChFCEA Thanks for the reply Katie. And you only put the child on one W4 and on the highest earner?

[@KatieStOresCFPChFCEA]

Yes, That is usually the best option.

[@jeremiahfrederick4725]

If I am not starting the job what do I put in the last payslip option

[@KatieStOresCFPChFCEA]

[11:18am PST] @SaintOres.com Hello Jeremiah, You just use the information from your last pay-stab, whatever you have.

[@mishka831]

are we supposed to enter Gross earnings or taxable earnings??

[@KatieStOresCFPChFCEA]

[11:51am PST] @TaxesbyKatie.com Hey Michelle, You enter your Gross earnings. FYI, the tax estimator is down for maintenance for a couple more days.

[@wmmarquez]

Should we put gross income or net pay?

[@KatieStOresCFPChFCEA]

[2:34pm PST] Hello Mr. Marquez, Your taxable wages per pay period. (Gross) Also, if you found this helpful, could you help me out by giving me a quick review at google.com/localservices/review/taxesbykatie

[@wmmarquez]

@@KatieStOresCFPChFCEA done! Thank you for your help

[@Evan-tt5kk]

I still dont understand if the amounts you enter are pre-tax or post-tax. The form does not explain this.

[@KatieStOresCFPChFCEA]

Hello Evan, You are using pre tax amounts. What the W-4 is doing is figuring out your after tax amounts.... or Withholdings. How much your employer is going to "withhold" from your Gross (pre-tax) wages. Then your employer sends your withholdings to the government.

[@eezie02]

So the estimator didn't make any changes unless you fill out the form according to your results from the estimator and send it in to the IRS?

[@KatieStOresCFPChFCEA]

[1:23pm PST] @TaxesbyKatie.com Hey Eezie, Yes, you have to put your data in the tax estimator and use the results from the estimator to determine what information to put on the W-4. But you do not send your W-4 to IRS, you give it back to your employer once it is complete.

[@eezie02]

@@KatieStOresCFPChFCEA ok thank you very much ❤️🙏

[@KatieStOresCFPChFCEA]

@@eezie02 [1:43pm PST] @TaxesbyKatie.com You're welcome....

[@ashleytaylor7664]

Hi! My husband and I both work and we have 2 children.. do we both fill out 4(c) based off of the tax estimator? Also, I am the higher paying job.. do I still need to enter the $4,000 for my 2 dependents as well as the recommendation in 4c?

[@KatieStOresCFPChFCEA]

[10:05am PST] @TaxesbyKatie.com Hey Ashley, If there is a significant difference in wages between spouses, then it makes sense for the higher wage earner to include the extra withholding (Step 4(c)) on their W-4 and for the other spouse just to complete Steps 1 and 5 and claim the kids BUT it really depends on each situation.

[@ashleymariecronin]

I file jointly with my husband but he doesn’t work he collects SSI (social security income) do I put his income down to? But the only thing is he doesn’t have to have anything taken out of his income. So how will I file this?

[@KatieStOresCFPChFCEA]

[10:58am PST] @SaintOres.com Hey Ashley, Ignore your husband's SSI when completing your W-4, consider only your job.

[@lucyalvarenga406]

So my husband and I both work and have 2 dependents. I did the estimate but do we fill out both the dependents section on 3 ($4000) and also the withhold estimate on 4c or just fill in 4c and leave dependents section blank ?

[@JigmeSwag]

How often can you change your W4 in a year? Can I change once and then next month, submit another W4 that is similar to the original W4?

[@KatieStOresCFPChFCEA]

Hey Tenzin, The IRS recommends that employees consider submitting a W-4 each year or as often as necessary to reflect current personal and financial circumstances.

[@AngelinaRandom]

Hi! I’m currently trying to figure this out. I currently hold one job but is filing out a w4 for a new job. My husband holds one job. Since it asked me if I have two job but haven’t started yet do I only claim one job or claim two? Thank you!

[@KatieStOresCFPChFCEA]

Hey Angelina, If you know the approximate pay from your new job, you can fill out the W4 for two jobs with those numbers. Or you could always fill out another W4 down the road. Either way is fine.

[@ralphwebber5857]

My spouse and I do NOT receive a scholarship or grant, but my dependents do. Do I check the 3rd box box under 5 of 5: Other Sources of Income and Tax Payments?

[@KatieStOresCFPChFCEA]

Hey Ralph, NO, you do not include those grants/scholarships as your other income.

[@Your.Fav.Kiyahh]

Okay I have a question I don’t see any federal taxes coming out ?

[@KatieStOresCFPChFCEA]

Hello Lakeisha, As long as the information you entered was accurate, it is very possible that you won't have any taxes withheld.

[@guccirobtv]

Hat did you put down as dependents info

[@mikamika792]

How do I put my information on w4 form

[@KatieStOresCFPChFCEA]

[11:01pm PST] @SaintOres.com Hello Mika, Your employer usually gives you a form when you start work. If not, take a look a this video. It shows where to get the form in the first minute or so. kzbin.info/www/bejne/aYjQnKWNecynZ7s

[@mikamika792]

@@KatieStOresCFPChFCEA I’m having difficulty adding for 3 jobs married jointly. There seems to be toroidal for 2 jobs only. I used the IRS estimator website and I’m confused with results. I see my end overpayment amount pretty large. Also how do I use this information after using the estimator adding it to w4?

[@naruaztec]

I did it but it doesn't show the download pre-filled form option

[@KatieStOresCFPChFCEA]

[11:41pm PST] @SaintOres.com Hey Naruaztec, Did you get it to work????

[@naruaztec]

@@KatieStOresCFPChFCEA no I wasn’t . But I was able to finish the form without it, thank you .

[@Evan-tt5kk]

the intro music almost blew out my eardrums

[@KatieStOresCFPChFCEA]

People tend to fall asleep during me videos, so the loud music wakes them up.

[@cns881]

Hey Katie thank you for the video! Is there an email address I can reach you at to ask a few questions regarding the calculator?

[@KatieStOresCFPChFCEA]

[9:42am PST] @TaxesbyKatie.com Hello CNS, You can grab the email off the website. As for questions.... I do my best to answer questions, but this is the busiest time of year for me since income taxes are due next month. I'll have more time after April 18th (Tax Day).

[@cns881]

@@KatieStOresCFPChFCEA Thank you for responding. I am unable to find the email address. Can you please direct me to where it is?

[@KatieStOresCFPChFCEA]

[10:31am PST] @SaintOres.com Sure... [e-mail] will get to me directly.

[@timothytrice6214]

ETA 12:30 do you take your children off your Redemption

[@KatieStOresCFPChFCEA]

[9:42am PST] @SaintOres.com Hey Timothy, I don't understand the question. Could you be more specific?

[@waltervillavicencio375]

How can we take classes with you

[@KatieStOresCFPChFCEA]

Hey Walter, Sorry, I don't have any classes, but I do have a bunch of new videos coming up.

[@nicolel3010]

Can't hear you will

[@nicolel3010]

Well

[@KatieStOresCFPChFCEA]

Sorry about that. I have gotten a little better at filming/audio since the earlier videos. I should have taken a video course in school.