Is anyone familiar with the new (I think as of 2021) w4 withholding options?
My wife and I both started new jobs within the last 2 years and when we did our taxes this week got a very unpleasant surprise of how much we owed. From what we can tell the w4 form has changed in that it now splits the tax withholding throughout the year equally between the two individuals in a marriage whereas that used to be an individual decision.
Thanks for any replies.
My wife and I both started new jobs within the last 2 years and when we did our taxes this week got a very unpleasant surprise of how much we owed. From what we can tell the w4 form has changed in that it now splits the tax withholding throughout the year equally between the two individuals in a marriage whereas that used to be an individual decision.
Thanks for any replies.