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Kat45364 OP t1_ja8mifm wrote

Reply to comment by DeluxeXL in Federal with holding 1/2 of what it was last year by Kat45364

We both work full time and bring in two spectate Incomes

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DeluxeXL t1_ja8mpfs wrote

Then you should have gone through the W-4 carefully.

>Step 2: Multiple Jobs or Spouse Works

Depending on how different the two jobs pay, it can be as simple as checking that box, using the worksheet, or going through IRS withholding calculator.

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np20412 t1_ja8n557 wrote

this is why. Change your W-4 back to single or if you keep it as married then you both need to check the "spouse works" box in step 2c of the W4

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Lightening_Bug_ t1_ja8ndj9 wrote

You need to revisit your W4 and adjust for both of you working. It is Step 2 on the form ‘Multiple Jobs or Spouse works.’ You can also request higher w/h amount. I believe there is an online calculator you can use to figure out the amounts but do it now so that you don’t get surprised come tax time next year.

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Mashtatoes t1_ja8myw2 wrote

Without any other changes, this tells them to withhold taxes like your spouse does not work. This means they assume you get both your and your spouse’s standard deductions and lower-income-tax-buckets.

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