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We underpaid taxes in 2018, can we readjust W-2 form instead of paying estimated tax ?

Forum|Forum|7 years ago
June 6, 2019
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TurboTax Basic Windows

Best answer by JulieR

In most cases, the best way to avoid tax penalties is to make quarterly Estimated Tax Payments. If you simply need to have more taxes withheld from your paycheck, you can submit a new Form W-4 to your employer. Go to W-4 Withholding Calculator to guide you through completing this form.

J

JulieRAnswer

In most cases, the best way to avoid tax penalties is to make quarterly Estimated Tax Payments. If you simply need to have more taxes withheld from your paycheck, you can submit a new Form W-4 to your employer. Go to W-4 Withholding Calculator to guide you through completing this form.