Tax Withholding Calculator - Kiplinger
Tool | May 2019

Easy-to-Use Tax Withholding Calculator

Adjusting your withholding allowances will help you control the amount of your tax refund, taxes owed and paychecks.

Are you unhappy with the tax refund you got in 2019 (too high or too low)? Did you owe the IRS on April 15? There's an easy way to change how much you'll get back (or owe) on next year's return – simply adjust the number of allowances you claim on your W-4 form now. Claiming more allowances can also turn a refund on your last return into larger paychecks this year and beyond.

Our new withholding calculator shows you how claiming more or fewer allowances can affect next year's tax return and this year's paychecks. The revised tool now allows you to test multiple outcomes based on your own objectives. Do you want to put more money in your pocket each payday, break even on next year's return, or boost next year's refund? With only four easy steps, our tool will help you figure out how many withholding allowances you'll need to add or subtract in order to reach your goal. Give it a try!

Step 1

What is your filing status?



Step 2

Step 3

Step 4

NOTE: This calculator is based on figures from your 2018 tax return and assumes your financial situation in 2019 is similar to what it was in 2018. Any significant changes — in what you're paid, for example, or your family size — could throw things off. We also recommend adjusting allowances as early as possible in the year. The longer you wait, the more likely it is that you won't have the right amount of tax withheld for the year as a whole. Finally, you can't claim fewer than zero allowances or more allowances than what you're entitled to claim based on the Form W-4 instructions and worksheets. If you currently claim zero allowances but still want more tax withheld from each paycheck, use line 6 of Form W-4 to request that an additional amount be withheld.

SEE ALSO: IRS Form W-4: How Many Allowances Should I Claim?

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