IRS tax withholding estimator

The IRS almost always errs on the side of caution given the amount you are likely to owe.

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Consider the things you weren't doing with that $3,536 while the IRS was skimming it from every paycheck you earned last year:

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[{"selector":"#anim-81d3eafb-b0cc-4009-8e42-6ed11bc22775","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] 1. Seeing which compound interest is available in the emergency savings account. 1. Seeing which compound interest is available in the emergency savings account. CREDIT GETIMAGE

[{"selector":"#anim-b49ab19e-222d-4d6b-a1d8-7eba9aeb5620 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] 2. The S&P 500 is up nearly 27% in 2021, which turns your $3,536 into $4,490.72, for a gain of almost $1,000. 2. The S&P 500 is up nearly 27% in 2021, which turns your $3,536 into $4,490.72, for a gain of almost $1,000. CREDIT GETIMAGE

[{"selector":"#anim-de7e23cd-ef2d-44cb-b398-fa18dbf3c6f3","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] 3. Watching a tax-advantaged retirement fund like an IRA or Roth IRA grow in value. 3. Watching a tax-advantaged retirement fund like an IRA or Roth IRA grow in value. CREDIT GETIMAGE

[{"selector":"#anim-1ba8aa10-1c06-444b-b7fa-d2a78e35a71f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] 4. Increase the value of your home by using it for repairs. 4. Increase the value of your home by using it for repairs. CREDIT GETIMAGE

[{"selector":"#anim-e2151e44-834f-460a-ba57-8fd48e7097c6","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] 5. Put it in your child's college fund, where the benefits could compound. 5. Put it in your child's college fund, where the benefits could compound. CREDIT GETIMAGE

[{"selector":"#anim-8bff70b4-7e07-4d94-90be-abaaf026a880 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] 6. Using it to launch a side hustle. 6. Using it to launch a side hustle. CREDIT GETIMAGE

[{"selector":"#anim-232a3047-08dc-4e20-8efd-a4a9d5eedcbe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] 7. Use it to pay off debt. 7. Use it to pay off debt. CREDIT GETIMAGE

IRS tax withholding estimator

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IRS tax withholding estimator

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The IRS almost always errs on the side of caution given the amount you are likely to owe.

The IRS almost always errs on the side of caution given the amount you are likely to owe.

Consider the things you weren't doing with that $3,536 while the IRS was skimming it from every paycheck you earned last year:

Consider the things you weren't doing with that $3,536 while the IRS was skimming it from every paycheck you earned last year:

IRS tax withholding estimator

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