$2,000 credit each
$500 credit each
Step 4 — Other Adjustments
Gross Per Paycheck
$2,884.62
Total Deductions
$635.39
Net Take-Home
$2,249.23
Net Monthly
$4,873
Withholding looks balanced
Your W-4 withholding closely matches your projected federal tax liability.
Annual Summary
Federal Withheld
$7,670
FICA Total
$5,738
State Tax
$3,113
Net Annual
$58,480
Enter these values on your IRS Form W-4:
What is the W-4 form and why does it matter?
Form W-4 tells your employer how much federal income tax to withhold from your paycheck. If you fill it out incorrectly, you could owe a large tax bill in April or overpay throughout the year (giving the government an interest-free loan). Getting your W-4 right means your paycheck withholding closely matches your actual tax liability.
When should I check the Step 2 box (Multiple Jobs)?
Check the Step 2 box if you have more than one job at the same time, or if you're married filing jointly and your spouse also works. This halves the standard deduction and tax bracket widths for withholding purposes, preventing under-withholding that happens when two jobs each claim the full tax benefits.
How are dependent credits calculated on the W-4?
On your W-4 Step 3, multiply qualifying children under age 17 by $2,000 and other dependents by $500. Enter the total. This amount reduces your per-period withholding by spreading the credits across your pay periods. These credits phase out at $200,000 AGI ($400,000 for married filing jointly).
What should I put in Step 4(b) for deductions?
If you plan to itemize deductions (mortgage interest, charitable giving, state/local taxes, etc.) and the total exceeds the standard deduction, enter the EXCESS amount in Step 4(b). For example, if you're single with $20,000 in itemized deductions, enter $5,000 ($20,000 − $15,000 standard deduction). This reduces your withholding to account for your lower tax liability.
IRS-Aligned: This calculator uses the IRS Publication 15-T Percentage Method for 2025, including federal tax brackets from Revenue Procedure 2024-40, FICA rates, and state-specific tax codes. Results are estimates -- consult a tax professional for complex situations.
Disclaimer: This calculator provides estimates based on current IRS rates and thresholds for the 2025 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your filing status, state of residence, deductions, and individual circumstances. Always consult a qualified tax professional or CPA before making financial decisions. Read our terms
This calculator uses official rates and thresholds from:
- IRS Publication 15-T — Federal Income Tax Withholding Methods
- IRS Publication 505 — Tax Withholding and Estimated Tax
- IRS Form W-4 — Employee's Withholding Certificate
- Revenue Procedure 2024-40 — Inflation Adjustments for 2025
- IRS Topic 751 — Social Security and Medicare Withholding Rates
Last verified: March 2026 · Tax year 2025. Results are indicative — consult a qualified accountant for personalised advice.