New tax bracket

Forum|Forum|1 year ago
October 24, 2024
1 reply
0 views

I recently got a raise at work. It has put me into 60,000 + a year. How will this affect the taxes I will owe this year? I'm sure it has put me in a tax bracket I have never been in before. Just trying to understand possibly how much it is going to cost me paying taxes.

Not A Product Question

Anonymous_

No text available

xmasbaby0

You could try using the TaxCaster tool to get an idea of how your raise will affect your taxes.

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

You might need to change your W-4 so that your employer withholds enough tax from your paychecks.

https://turbotax.intuit.com/tax-tools/calculators/w4/

https://www.irs.gov/individuals/tax-withholding-estimator

https://www.irs.gov/pub/irs-pdf/fw4.pdf

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**