Should I adjust my payroll withholdings?

Each April many taxpayers are surprised as they realize that they have either over withheld or under withheld on their taxes. Use this paycheck withholding calculator at least annually to help determine whether you are likely to be on target based on your current tax filing status and the number of W-4 allowances claimed. Then make adjustments to your employer W-4 form, if necessary, to more closely match your 2018 federal tax liability. In the event of a projected tax surplus, you may be able to increase your W-4 paycheck withholding allowances and, thereby, increase your paycheck amount.

Note: This calculator uses the withholding tables released by the IRS on January 10, 2018.

Income and Tax Information
Tax filing status 
Taxable gross annual income subject to personal rates (W-2, unearned/investment, etc) ($) 
Qualified plan/IRA contribution ($) 
Itemized deductions (state/local and property taxes capped at $10,000) - $0 for Standard ($) 
Number of dependent children under 17 with SS# 
Number of non-child dependents 
Amount of gross income considered "unearned"/investment income ($) 
Are you (and your spouse if filing jointly) either blind or over age 65? 
Business/Self-Employed Income
Total company pass-through income ($) 
Individual company ownership (%) 
Total company capital assets ($) 
Total company W-2 wages ($) 
Withholding Information
Federal taxes withheld to date ($) 
Number of allowances claimed on W-4 
Payment frequency 
Your Email Address
I am currently a member of Delta Community Credit Union
Please email me special offers and promotions. Information collected is for internal purposes only and will never be sold to third parties.
   
Powered By DocuMatix

Powered By DocuMatix

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company or its affiliates and email service provider, DocuMatix, Inc, assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. Use of service is provided without warranty of any kind, either express, implied or statutory, including FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, AND ACCURACY. Use of service is entirely at users own risk and user should seek professional financial and legal advice without reliance on service. Provider and email service provider shall not be liable for any lost profits, lost business, direct or indirect, punitive or consequential damages or damages of any kind arising out of service use. This agreement shall be governed and enforced by Utah law, with courts located in Salt Lake County, Utah the sole and exclusive venue. User agrees to indemnify and hold harmless company, email service provider, and affiliates from any and all liabilities and costs (including attorney fees) for any improper use or violation of these terms.

Powered By DocuMatix