Question

Tax withholding with two jobs

Forum|Forum|6 years ago
October 3, 2019
1 reply
0 views

Good Afternoon,

I work two job, currently the withholding from my second job is at zero, I make $800-$1000 per month.

For my fill time job I was making around 38,000 and had my withholdings at 2

Now I have been promoted and the pay is significantly higher.

I am wondering would it make sense to change my fulltime job withholdings to ZERO

and the part-time withholdings to two or three.

I dont know if any of this matters, i just dont want to owe next year and would like some opinions

X

xmasbaby0

Employee

You have told us nothing else about yourself -- not even your filing status. All we know is that now you make more money than you used to make. Try using the taxcaster tool and the IRS W-4 calculator.

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

https://www.irs.gov/individuals/tax-withholding-estimator

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

VolvoGirl

Employee

You said withholding is zero. Do you mean the withholding taken out was $0 or 0 allowances? If anything I think you would want more withholding taken out of the job that makes more.

It doesn't matter which job the withholding comes out of just as long as it's enough to cover the tax on all your income combined.