07/09/2025
Before you clock in today, go to HR and update your W-4! 📝 We’re halfway through the year it’s the perfect time to make sure your withholdings are right ✅
If you’re a W-2 employee, this is IMPORTANT 🚨. Your W-4 determines how much federal tax comes out of your check 💸. I’ve seen too many people end up owing the IRS 😩 or getting way less than expected because this form wasn’t filled out properly.
Step 1: Filing Status Choose Single or Married Filing Separately, or Married Filing Jointly. Tip: Even if you’re married 💍, selecting “Single” increases withholding and can help prevent owing. Don’t select Head of Household unless you truly qualify it can cause too little tax to come out.
Step 2: Multiple Jobs or Spouse Works Check this if you have more than one job 💼, your spouse works 👥, or you usually owe taxes at the end of the year. It helps your withholding match your actual tax bill.
Step 3: Claiming Dependents Play it safe ⚠️. Even if you have two dependents 👶👶, claiming one or even zero will help make sure you’re not underpaying. If you overpay, it just means a bigger refund 💰.
Step 4: Other Adjustments 4a & 4b: leave blank or put “0” unless you have other income or deductions. 4c: enter an extra dollar amount if you want more withheld each check to cover any shortfall.
If you’re married, BOTH of you need to review your forms 💡. It has to be a team effort to make sure your taxes are right.
As always, consult your tax professional 📞 for guidance based on your situation. If you’re my client, reach out I’ll walk you through it step by step so you’re ready for next season! 🙌
