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    DORIS FERGUSON's Avatar
    DORIS FERGUSON Posts: 1, Reputation: 1
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    #1

    Feb 11, 2008, 11:31 AM
    How to calculate federal taxes for Social Security?
    Hello,

    My husband and I had to pay a lot of taxes back this year; Could you advise me on how to calculate my federal taxes withheld from my income for preparation next year ? Also if you could guide me to where I can find the form to change the taxes.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Feb 11, 2008, 11:41 AM
    The form you need is W4 - ask your employer for one, or follow the link below, and submit it to your HR department. There are instruction on how to complete it if both you and your husband are employed - you basically claim fewer exemptions on your W4, so that your employer withholds a bit more tax with each paycheck.

    http://www.irs.gov/pub/irs-pdf/fw4.pdf
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Feb 12, 2008, 01:54 PM
    Do a new W4. Follow the instructions properly for the correct allowances.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #4

    Feb 12, 2008, 01:54 PM
    Do a new W4. Follow the instructions properly for the correct allowances.
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