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weluckyfew OP t1_ja41860 wrote

Reply to comment by empteevessel in LPT: If you get a second job, you might need to adjust your tax withholding. Otherwise you'll probably owe a lot at the end of the year. by weluckyfew

IIRC changing the withholding to two would actually get less taken out in taxes - it would assume you have a dependent to claim on your taxes.

I just go with a set amount. I think if your income is fairly stable from that job you can just double whatever is being withheld now for federal taxes. But maybe someone who knows better will comment with a more foolproof way to do it.

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ItsAllJustMalarkey t1_ja42b9v wrote

FYI, the “0” “1” “2” system is outdated. They changed the forms in either 2019 or 2020. If your employer is still using the old form then it might not be translating properly when they do payroll.

Download the 2023 W-4 form. It has 3 pages of confusing AF instructions.

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weluckyfew OP t1_ja45t8g wrote

Good to know - I just have the extra money taken out and treat it like a forced savings account. Sure, it doesn't get interest, but then again at most I'm only overpaying by a few hundred bucks so it wouldn't get me much anyway.

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empteevessel t1_ja42pkg wrote

Ah see this shows how long it’s been since I even looked at any withholding info. Thanks!

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