How do I calculate the federal tax withheld from pay? Do I need to complete a personal allowances worksheet?
To determine the correct federal tax withheld from your pay, you will need to complete the personal allowances worksheet on your W-4. Your withholding is based on:
- Your filing status (Ex: single or married filing jointly)
- The number of allowances you claim
- Other information
You can increase your refund by:
- Reducing the number of allowances claimed
- Having an additional amount withheld from each paycheck
File your W-4 with your employer, so your employer can withhold the correct amount of tax.
Due to the recent TCJA changes, we have re-released our trusted Tax Calculator. With a side-by-side comparison, you can now plan for this year's tax filing.
Head of household is a filing status for single or unmarried taxpayers who have maintained a home for a qualifying person, such as a child or relative. This filing status provides a larger standard deduction and more generous tax rates for calculating federal income tax than the Single filing status.
Looking for virtual tax help with your online filing? Learn more about your options by comparing TurboTax Live to H&R Block Tax Pro Review and Tax Pro Go.
Do you know what your tax filing status is? Learn how to determine and check your tax filing status with H&R Block.