Tax Withholding Calculator

[kadams767]

Does anyone have a link for a reasonably accurate withholding calculator? I am trying to figure out how to best adjust my withholdings for 2013, not the remainder of 2012, and the IRS calculator seems to only be good for the current year going forward. Thanks!

[pamela]

It's pointless to try to guess at this point. The tax laws aren't even written yet (only partly being sarcastic here).

[kadams767]

Nov 28, 2012 11:29:37 GMT -5 pamela said:

It's pointless to try to guess at this point. The tax laws aren't even written yet (only partly being sarcastic here).

Thanks, but I need to at least attempt to estimate the amount of additional withholding I need to make from each pay period. Presumably whatever is withheld automatically will adjust somewhat based on whatever tax revisions are passed, and I can further go from there later on if need be.

[jwright]

This is pretty cool.

interactive.taxfoundation.org/taxcalc/#calculator

It calculates your tax if tax cuts expire and under Dem and Rep plans. Not sure how they determine what the actual plans are, but you can play around with it.

Then just divide your tax liability by the number of pay periods.

[ijack]

I can't get the calculators to work correctly for me, so I usually approximate what my taxable income will be for the year and then look up my tax burden in the tax tables.