How to Figure Out Witholdings From My Check
- 1). Visit the IRS website and navigate to the withholding information page for the current tax year. It is important that you use the page for the current year, since new laws can have an impact on your withholdings from year to year.
- 2). Follow the steps on the IRS withholding page to fill in your income and tax information. Make sure that all of your figures are correct and current as you enter them, as a small mistake in typing can mean a big change in your withholding calculations.
- 3). Review the results of your withholding calculations. If the calculator determines that you have not been withholding enough to pay your tax dues for the year with withholdings alone, you will have to make estimated payments on top of your normal withholding via the 1040-ES form.
- 4). Compare the results of the calculator with the amount that has been withheld from your checks each month to ensure that your employer is handling your taxes correctly.