Have You Checked Your Withholding Lately?

Have You Checked Your Withholding Lately?

There are many reasons to check your 
tax withholding. This means looking   To see how much money your employer 
is withholding from your paycheck for   Federal income tax. Remember, you can visit 
irs.gov/withholding any time for more info.  It’s a good idea to check your withholding as it 
will help you avoid a surprise at tax time. See,   If your employer is withholding too little, 
you could end up with a tax bill or a penalty.   Withholding Too much can mean you won’t be able 
to use the money until you get your tax refund.  The best way to check your withholding is to 
use the Tax Withholding Estimator on IRS.gov.  You might be asking WHEN to check your 
withholding. Well, it’s always a good   Idea to check it early in the year, when any tax 
law changes typically go in effect, and when you   Have life changes, such as getting married, a 
job change, or any other change to your income.  For more information about withholding 
– including how to change the amount of   Tax your employer withholds and to access the Tax 
Withholding Estimator, visit irs.gov/withholding.

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