Check Your Tax Withholding this Summer to Prevent a Tax-Time Surprise Each year, many people get a larger refund than they expect. Some find they owe a lot more tax than they thought they would. If this has happened to you, review your situation to prevent a tax surprise. Did you marry? Have a child? Change in income? Life events can have a major impact on your taxes. Bring the taxes you pay closer to the amount you owe. Here are some tips to help you come up with a plan:
For more see Publication 505, Tax Withholding and Estimated Tax. You can get it on IRS.gov/forms at any time. IRS Tax Tips provide valuable information throughout the year. IRS.gov offers tax help and info on various topics including common tax scams, taxpayer rights and more. Additional IRS Resources: IRS YouTube Videos:
IRS Podcasts:
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