This can happen if your withholding per your W-4 isn't sufficient to meet your ultimate tax obligation for the year. The form ...

Form W-4 was redesigned in 2020 to reduce complexity while increasing the accuracy of calculating withholding amounts. There are new ways to figure out your withholding amount, including an online ...

Determining your tax withholding as a U.S. taxpayer isn’t the easiest task. But if you landed a new job or had a major life milestone this tax season (a new ...

Members who receive at least $10 in cooperative patronage dividends, reported on IRS Form 1099-PATR, might also be subject to backup withholding as well. Some taxpayers are exempt from backup ...

Although your employer is responsible for withholding money for federal taxes, you have the ability to influence the amount by using a W-4 form, which is usually near the top of the stack of ...

The IRS reviews suspicious claims and sends letters to filers asking for additional verification for any claims — including withholdings. Claims deemed fraudulent can result in penalties of $5,000 for ...