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//// Tax · W-4 Withholding

W-4 Tax Withholding Optimizer

A big refund means you gave the IRS a free loan. A big bill means penalty risk. See your current trajectory and get exact W-4 adjustments to hit $0 owed at filing.

401(k) Limit 2024$23,000
Roth IRA Limit$7,000
S&P 500 Avg Return~10%/yr

You're on track for a $659 refund

You're over-withholding — giving the IRS an interest-free loan

At 4.5% HYSA rate, your $659 over-withholding costs you roughly $30/year in foregone interest. That's money you gave the IRS to hold interest-free.

Your Tax Profile

Income

Tax Liability
$8,341
federal, after credits
Expected Bill
$659
at filing (owed)
Effective Tax Rate
11.1%
tax / gross income
Per-Paycheck Adj.
$25.35
over-withholding

W-4 Adjustment Recommendations

Step 3

$0

Claim Dependents / Credits

Enter $0 in the "Claim Dependents" box (Step 3 on your W-4). This equals your total tax credits.

Step 4(c)

$25.35

Additional Withholding Per Paycheck

You're over-withholding by $25.35/paycheck. Reduce Step 4(c) or increase Step 3 to stop giving the IRS a free loan.

Tax Calculation Breakdown

Gross income$75,000
Standard deduction$14,600
Taxable income$60,400
Federal tax (brackets)$8,341
Federal tax liability$8,341
Current withholding$9,000
Projected refund$659 refund