Find Out Instantly If You’re Withholding the Right Amount of Taxes
GoCo W-4 Withholdings Calculator
In 2018, the IRS updated their recommendations on how much money you should withhold from your paycheck so you’re not stuck with a big tax bill at the end of the year. But the IRS isn’t known to be user friendly – they have a complicated W-4 form and a confusing withholding calculator.
To make it easier, GoCo has always had a simple tax withholding calculator with questions anyone can understand. But now, we’ve made it better than ever!
- We updated it to the IRS’s 2018 recommendations
- Introduced a massive improvement to the accuracy of the recommendations with households with multiple earners.
- Introduced a massive improvement to the accuracy of the recommendations for people with multiple jobs.
- Before, the calculator was only accessible to GoCo clients. Now, it’s accessible to anyone!
So, if your company is not on GoCo, you can use the W-4 Withholding Calculator. You’ll just have to make sure that withholding amounts get updated in payroll. And you should convince HR to start using GoCo 😉
If your company is on GoCo, just go to your profile and access the W-4 Withholding Calculator on the Payment & Tax Withholding card. It’s that easy!