Inspect your federal tax situation with a Paycheck Checkup

July 12, 2019

Just like a home inspection is key to avoiding surprises when buying or selling a home, a Paycheck Checkup can help prevent a tax-time surprise like owing more than you expect next year.

Check your tax withholding using the IRS Withholding Estimator and adjust it, if needed. If you don’t pay taxes through withholding, or pay too little tax through your employer, you should use the estimator or IRS Publication 505 to see if you need to make estimated tax payments to the IRS.