Tax Withholding Calculator
Estimate whether your W-4 withholding will result in a refund or balance due, and get per-paycheck adjustment suggestions using 2024 federal brackets.
Tax Disclaimer
This calculator provides estimates based on general tax rules and may not reflect your specific situation. Tax laws vary by jurisdiction and change frequently. Consult a qualified tax professional or CPA for advice tailored to your circumstances.
Inputs
Results
Projected Refund / (Balance Due)
$0
Suggested W-4 Adjustment/Period$0
Federal Income Tax$8,341
Projected Total Withholding$8,341
FICA Taxes (SS + Medicare)$5,738
Effective Total Rate18.77%
Child Tax Credit$0
Target Per-Period Withholding$320.81
How to Use This Calculator
- Enter Annual Salary and any Other Taxable Income (dividends, freelance, side income).
- Select Filing Status and enter Number of Dependents for Child Tax Credit.
- Set Federal Tax Withheld YTD and Pay Periods Remaining in the year.
- Enter Additional W-4 Withholding currently in place and any Itemized Deductions.
- Review Estimated Tax Owed, Projected Withholding, and the Refund or Amount Due.
- Adjust your W-4 Line 4(c) additional withholding to avoid a large balance due or refund at filing.
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