Check Your Tax Withholding Now. Maybe Get More Money Now Or Prevent A Big Tax Bill Later | Lisa Remillard

Check your tax withholding now. Maybe get more money now or prevent a big tax bill later

October 24, 2022

The IRS says there’s one thing you should do right now that may prevent a big tax bill next year or could put a few more dollars in your pocket just in time for the holidays.

I’m talking about checking your withholding to see if you estimated too much or too little when it comes to your taxes for 2022. You can check out the free tax withholding estimator on irs.gov

The IRS says it’s certainly possible that you are withholding too much. Sure you may get a bigger refund in 2023 but would you rather wait for that money – or does it make sense to have it now by adjusting your withholdings just in time for the holidays?

I will email out the link to the tax withholding estimator tonight to everyone who has signed up for the News Girl News Roundup email.

Go to the IRS tax withholding estimator here.

Read more about the tax withholding here.

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