Do You Need to Adjust Your 2023 Withholdings?

We are reminded by the Internal Revenue Service to use their Tax Withholding Estimator if your 2023 withholdings need to be adjusted for next year. A few situations you may have not thought about that can change your return are:

  • marriage
  • divorce
  • adding a child or having one move out on their own

Using the Tax Withholding Estimator can help you see if you will get a refund or prevent you from paying estimated taxes.

Click here to learn more about this tax calculator.

Source: Internal Revenue Service