![]() The more is withheld, the bigger your refund may be and you’ll avoid owing penalties. Any other estimated tax to withhold can be entered here. Step 4b: any additional withholding you want taken out.By entering it here you will withhold for this extra income so you don't owe tax later when filing your tax return. ![]() Step 4a: extra income from outside of your job, such as dividends or interest, that usually don't have withholding taken out of them.Here’s how to calculate it: If your total income will be $200k or less ($400k if married) multiply the number of children under 17 by $2,000 and other dependents by $500. ![]()
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