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<blockquote data-quote="MattM" data-source="post: 5698857" data-attributes="member: 53192"><p>Goes to show people haven’t changed theirs in years</p><p></p><p>It’s different now</p><p>[URL unfurl="true"]https://www.irs.gov/pub/irs-pdf/fw4.pdf[/URL]</p><p>No more claiming 0-1-2-3 etc. </p><p>there’s now a multiple jobs worksheet along with claiming single,head of household, or married. </p><p>This is all based on your estimated tax home pay weekly </p><p>[URL unfurl="true"]https://www.irs.gov/pub/irs-pdf/p15t.pdf[/URL]</p><p>Using page 13 onward you can estimate what UPS will take out weekly. If you’re a driver at say $1800 weekly, if you claim single on the new w4, they will withhold about $249. If you claim single with two jobs, they will take out about $339. They assume you are making more overall and try to make up for it</p><p></p><p>Op, what is your goal? To get closest to not owing or trying to use withholdings to get more back come tax time? </p><p></p><p>On upsers, do a search for w-4. This headline will appear</p><p>Update W-4 federal withholding and state tax</p><p>From there, do the following:</p><p>To update your W-4:</p><p></p><ul> <li data-xf-list-type="ul">Go to the <a href="https://wd5.myworkday.com/hcmportal/d/home.htmld" target="_blank">Workday homepage</a> and click on the Blue Cloud icon.</li> <li data-xf-list-type="ul">Click View Profile under your name.</li> <li data-xf-list-type="ul">Click Actions, then Payroll Interface and Complete Federal Withholding Elections</li> </ul><p></p><p>Most tend to just add in their own extra deduction to closely match what their liability is</p><p></p><p>If you happen to have kids you might not even need the full amount of taxes withheld, that’s when you can claim being single for example.</p></blockquote><p></p>
[QUOTE="MattM, post: 5698857, member: 53192"] Goes to show people haven’t changed theirs in years It’s different now [URL unfurl="true"]https://www.irs.gov/pub/irs-pdf/fw4.pdf[/URL] No more claiming 0-1-2-3 etc. there’s now a multiple jobs worksheet along with claiming single,head of household, or married. This is all based on your estimated tax home pay weekly [URL unfurl="true"]https://www.irs.gov/pub/irs-pdf/p15t.pdf[/URL] Using page 13 onward you can estimate what UPS will take out weekly. If you’re a driver at say $1800 weekly, if you claim single on the new w4, they will withhold about $249. If you claim single with two jobs, they will take out about $339. They assume you are making more overall and try to make up for it Op, what is your goal? To get closest to not owing or trying to use withholdings to get more back come tax time? On upsers, do a search for w-4. This headline will appear Update W-4 federal withholding and state tax From there, do the following: To update your W-4: [LIST] [*]Go to the [URL='https://wd5.myworkday.com/hcmportal/d/home.htmld']Workday homepage[/URL] and click on the Blue Cloud icon. [*]Click View Profile under your name. [*]Click Actions, then Payroll Interface and Complete Federal Withholding Elections [/LIST] Most tend to just add in their own extra deduction to closely match what their liability is If you happen to have kids you might not even need the full amount of taxes withheld, that’s when you can claim being single for example. [/QUOTE]
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