Hey all, sorry for my smooth brain here but I was hoping to get a little direction. I am having a hard time understanding what the heck I have to do to fill out my w4 correctly.
– married
– filing jointly
– 1 dependent
– Married person 1:
– Job #1, full time $73,380 for 2021 salary ($9,194 YTD)
– Job #2, part time maaaybe $200 so far (new job)
– Married person 2:
– Job, full time $54,577 for 2021 salary (YTD unknown atm)
Appreciate any advise on how to properly have my forms filled out so I am not over/under withholding
Thank you!
Get the unknowns first. The [IRS calculator](https://www.irs.gov/individuals/tax-withholding-estimator) can handle 3 jobs.
Alternate method: follow the instructions. [https://www.irs.gov/pub/irs-pdf/fw4.pdf](https://www.irs.gov/pub/irs-pdf/fw4.pdf)
Job 2: MFJ, no adjustments, sign, submit.
Job 3 (married person 2): MFJ, no adjustments, sign, submit.
Job 1: the fun one π
* MFJ
* $2,000 on Line 3 for the 1 dependent.
* Use worksheet for additional withholding on Line 4(c).
* Worksheet (pg. 3 – 4), Line 2(a): intersection of $70-$80k and $50-$60k = $6,270.
* Line 2(b): intersection of $50-$60k and part time annual amount (say $10-20k) = $2,220. ***Note:*** use the correct values; I estimated here.
* Line 2(c): $6,270 + $2,220 = $8,490.
* Line 3: enter number of pay periods for this job, assume 26 (biweekly).
* Line 4: $8,490 / 26 = $326.54. Enter this amount on Line 4(c) of the W-4.
* Sign
* Submit
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