by 
paula
ANSWERS: 2
-
you can go to your employer and change your withholding (form w-4), but you can have problems with the IRS if you don't withhold enough. there is a worksheet on the w-4 or you can talk to your tax preparer or look on turbotax for help figuring out what your withholding should be.
-
change your withholding with your employer using Form W4. BUT that can bite you in the rear on April 15th! Assuming $91K/year as a single person, you will owe apx $16952 in taxes. $627 x 26 paydays will generate $16302 in withholding, so at that you are still apx $600 SHORT come 4/15. Changing your withholding will increase what you will owe the IRS, so be careful!
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC