{"id":20594,"date":"2017-06-14T12:00:00","date_gmt":"2017-06-14T12:00:00","guid":{"rendered":"https:\/\/www.hrblock.com\/tax-center\/"},"modified":"2024-02-08T12:04:41","modified_gmt":"2024-02-08T18:04:41","slug":"job-taxes","status":"publish","type":"post","link":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/","title":{"rendered":"Job taxes"},"content":{"rendered":"\n

Learn how to make the most of your salary, benefits, and tax deductions at your new job.<\/p>\n\n\n\n

W-4 withholding<\/b><\/h2>\n\n\n\n

The number of withholding allowances you enter on your W-4 might affect your refund or how much you’ll owe the government every year.<\/p>\n\n\n\n

To get an idea of how much you should withhold, figure your withholding amount with the H&R Block W-4 calculator<\/a> and\/or learn how to fill out a W-4 <\/a>IRS tax document.\u00a0<\/p>\n\n\n\n

Working two jobs<\/b><\/h2>\n\n\n\n

People who work two jobs often don’t have enough tax withheld from their part-time earnings. So, they might wind up owing a large sum of money at tax time. To avoid this, you might need to increase the amount of money withheld either from your main paycheck or from your second job — or both.<\/p>\n\n\n\n

To change your withholding, ask your employer for a new Form W-4. You can also download and print a W-4 at www.irs.gov\/formspubs<\/a>. Give the completed form to your employer to change your withholding.<\/p>\n\n\n\n

Retirement savings<\/b><\/h2>\n\n\n\n

You should consider contributing as much as possible to your 401(k) or other company retirement plan. Many companies will match your contributions with a certain amount. Ex: For every dollar you contribute, your company might contribute 50 cents.<\/p>\n\n\n\n

Your employer usually takes retirement contributions out of your paycheck, so you won’t miss the money. You’ll usually make these contributions with pre-tax dollars. So, you’ll defer tax on this portion of your earnings.<\/p>\n\n\n\n

Other fringe benefits<\/b><\/h2>\n\n\n\n

Take advantage of other pre-tax benefits your employer provides. One common benefit is a Section 125 plan, referred to as a flexible spending account or cafeteria plan. A flexible spending account allows you to pay for medical and childcare expenses using pre-tax dollars. A health savings account (HSA) allows you to pay for medical expenses using pre-tax dollars. Using these plans might result in significant tax savings.<\/p>\n","protected":false},"excerpt":{"rendered":"

Learn how to make the most of your salary, benefits, and tax deductions at your new job. W-4 withholding The number of withholding allowances you enter on your W-4 might affect your refund or how much you’ll owe the government every year. To get an idea of how much you should withhold, figure your withholding […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24,50],"tags":[],"class_list":["post-20594","post","type-post","status-publish","format-standard","hentry","category-income","category-other-income"],"acf":[],"yoast_head":"Job Taxes | H&R Block<\/title>\n<meta name=\"description\" content=\"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Job taxes\" \/>\n<meta property=\"og:description\" content=\"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/\" \/>\n<meta property=\"og:site_name\" content=\"H&R Block\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hrblock\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/hrblock\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-14T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-08T18:04:41+00:00\" \/>\n<meta name=\"author\" content=\"H&R Block\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@HRBlock\" \/>\n<meta name=\"twitter:site\" content=\"@hrblock\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"H&R Block\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/\"},\"author\":{\"name\":\"H&R Block\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/#\\\/schema\\\/person\\\/0451551be86ad17708cdd08a71391fcf\"},\"headline\":\"Job taxes\",\"datePublished\":\"2017-06-14T12:00:00+00:00\",\"dateModified\":\"2024-02-08T18:04:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/\"},\"wordCount\":319,\"articleSection\":[\"Income\",\"Other income\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/\",\"url\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/\",\"name\":\"Job Taxes | H&R Block\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/#website\"},\"datePublished\":\"2017-06-14T12:00:00+00:00\",\"dateModified\":\"2024-02-08T18:04:41+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/#\\\/schema\\\/person\\\/0451551be86ad17708cdd08a71391fcf\"},\"description\":\"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/income\\\/other-income\\\/job-taxes\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/resource-center.hrblock.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Job taxes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/#website\",\"url\":\"https:\\\/\\\/resource-center.hrblock.com\\\/\",\"name\":\"H&R Block\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/resource-center.hrblock.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/#\\\/schema\\\/person\\\/0451551be86ad17708cdd08a71391fcf\",\"name\":\"H&R Block\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/resource-center.hrblock.com\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/BlockAuthor.jpg\",\"url\":\"https:\\\/\\\/resource-center.hrblock.com\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/BlockAuthor.jpg\",\"contentUrl\":\"https:\\\/\\\/resource-center.hrblock.com\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/BlockAuthor.jpg\",\"caption\":\"H&R Block\"},\"sameAs\":[\"http:\\\/\\\/hrblock.com\",\"https:\\\/\\\/www.facebook.com\\\/hrblock\",\"https:\\\/\\\/x.com\\\/HRBlock\"]}]}<\/script>","yoast_head_json":{"title":"Job Taxes | H&R Block","description":"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/","og_locale":"en_US","og_type":"article","og_title":"Job taxes","og_description":"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.","og_url":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/","og_site_name":"H&R Block","article_publisher":"https:\/\/www.facebook.com\/hrblock","article_author":"https:\/\/www.facebook.com\/hrblock","article_published_time":"2017-06-14T12:00:00+00:00","article_modified_time":"2024-02-08T18:04:41+00:00","author":"H&R Block","twitter_card":"summary_large_image","twitter_creator":"@HRBlock","twitter_site":"@hrblock","twitter_misc":{"Written by":"H&R Block","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/#article","isPartOf":{"@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/"},"author":{"name":"H&R Block","@id":"https:\/\/www.hrblock.com\/tax-center\/#\/schema\/person\/0451551be86ad17708cdd08a71391fcf"},"headline":"Job taxes","datePublished":"2017-06-14T12:00:00+00:00","dateModified":"2024-02-08T18:04:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/"},"wordCount":319,"articleSection":["Income","Other income"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/","url":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/","name":"Job Taxes | H&R Block","isPartOf":{"@id":"https:\/\/www.hrblock.com\/tax-center\/#website"},"datePublished":"2017-06-14T12:00:00+00:00","dateModified":"2024-02-08T18:04:41+00:00","author":{"@id":"https:\/\/www.hrblock.com\/tax-center\/#\/schema\/person\/0451551be86ad17708cdd08a71391fcf"},"description":"Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.","breadcrumb":{"@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.hrblock.com\/tax-center\/income\/other-income\/job-taxes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hrblock.com\/tax-center\/"},{"@type":"ListItem","position":2,"name":"Job taxes"}]},{"@type":"WebSite","@id":"https:\/\/www.hrblock.com\/tax-center\/#website","url":"https:\/\/www.hrblock.com\/tax-center\/","name":"H&R Block","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hrblock.com\/tax-center\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.hrblock.com\/tax-center\/#\/schema\/person\/0451551be86ad17708cdd08a71391fcf","name":"H&R Block","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2017\/08\/BlockAuthor.jpg","url":"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2017\/08\/BlockAuthor.jpg","contentUrl":"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2017\/08\/BlockAuthor.jpg","caption":"H&R Block"},"sameAs":["http:\/\/hrblock.com","https:\/\/www.facebook.com\/hrblock","https:\/\/x.com\/HRBlock"]}]}},"_links":{"self":[{"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/posts\/20594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/comments?post=20594"}],"version-history":[{"count":0,"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/posts\/20594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/media?parent=20594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/categories?post=20594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hrblock.com\/tax-center\/wp-json\/wp\/v2\/tags?post=20594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}