Stay on Track: W-4s, Quarterly Estimates, & more!

[KarenL]

Want a bigger tax refund? With proper planning, tax withholding, or estimated tax payments you have greater control over the amount of tax refund you'll receive, or how much you will owe at tax time. Of course your income, deductions and tax credits affect your actual tax outcome. But it’s the amount of taxes withheld (or paid in) throughout the year that determines your final refund amount or balance due. 

When it comes to figuring out how to prepare your W-4s or how much to pay in quarterly estimated tax payments, TurboTax has the best resources! Whether you need a calculator, an article to understand how it all works, or even steps on how to fill out the form, it’s all here for you. The best part is that it’s all explained in simple easy-to-understand language!

W-4 Forms

What is a W-4 form? - Start here! Learn exactly what a W-4 is, what it does, and why it’s needed. 

W-4 Calculator - Drop some numbers in the calculator and get an idea of how much your refund will be, or how much you’ll owe. Then, adjust your W-4 accordingly. 

How To Estimate Federal Withholding - Overview of the W-4 form itself.

Filling Out Your W-4? Dust Off Your Crystal Ball! - The problem and solution to your W-4 concerns (and maybe a fun read too).

Form W-4 and Your Take-Home Pay - A great overview on how the W-4 affects your paychecks.

The W-4 Form Changed in Major Ways — Here's What's Different - If you haven’t updated your W-4 in years, this is a must-read!

Quarterly Estimated Tax Payments

Self-Employment Tax Calculators - Calculators plus great articles for your business.

A Guide to Paying Quarterly Taxes  - Who should pay quarterly taxes & when they are due.

Estimated Taxes: How to Determine What to Pay and When - A little more about who should pay & when to pay.

Estimated Taxes: Common Questions

BONUS Video - How to update your W-4 inside of TurboTax