Check your tax situation now to avoid tax-time surprises

June 4, 2019

The IRS urges you to check your tax withholding or estimated tax payments soon to be sure you pay enough tax throughout the year and avoid a tax-time surprise like owing more than you expect. 

Check using the IRS Withholding Estimator or Publication 505, particularly if you:

  • owed additional tax with your return this year
     
  • want to adjust the size of your refund for next year
     
  • have a life change this year like marriage, childbirth, adoption, buying a home or an income change
     
  • adjusted your withholding late last year

Adjust your withholding by submitting a new Form W-4 to your employer. If you don’t pay taxes through withholding or don’t have enough withheld, you can make estimated tax payments.