DS-Websites My Withholdings.com 20 17      
    My Withholdings.com is the easiest and most thorough application available to determine your proper Federal employee withholding allowance.      
    This application will automatically determine your ideal withholdings by calculating your projected annual tax liability. It is designed to maximize your cash flow and ensure that you will not owe at the end of the year. Withholdings should be checked in the beginning of the year, periodically throughout the year, and whenever wages change.      
    Note: Certain tax situations are not built into this application. These include but not limited to the accounting for taxes associated with the Affordable Care Act and Alternative Minimum Tax. All users should review their previous year's returns and consult a tax professional if necessary.       
    Fill in only applicable areas              
    Wages, Salaries, Pay Check Information      
    Use your current paystubs for the following.                
    Primary Employment              
         Payroll Frequency………………………
       
         Check Date………...…..……………….      
                     
        Current Ytd          
    Gross Income…………………………..          
    Federal Withholdings………………….          
                     
    Pre-Tax Deductions Current Ytd  
Only include regular normal deductions that are the same period to period.
Note
     
         Health Insurance……..……….……          
         Flex Spending / Dependent Care…          
         Deferred Compensation……………          
         Retirement…………………………..          
         Other…………………………………          
                     
    Secondary Employment or Spouse               
        Payroll Frequency……………………
           
        Check Date……………………………      
                     
        Current Ytd          
    Gross Income…………………………          
    Federal Withholdings………………..          
                     
    Pre-Tax Deductions Current Ytd  
Only include regular normal deductions that are the same period to period.
Note
     
    Health Insurance……………………          
    Flex Spending / Dependent Care…          
    Deferred Compensation……………          
    Retirement…………………………..          
    Other…………………………………          
                     
    Other Employment or Previous Income              
        Gross Income…………………………            
        Federal Withholdings………………..            
                     
    Projected Annual Income              
        Gross Wages……………………….            
        Taxable Wages……………………..            
                     
                     
    Federal Tax Return Information      
    Refer to your tax return for help with the following.            
                     
    Filing Status……………………………
         
    Exemptions                
         Yourself ……………………………..
           
         Spouse ………………………………
           
         Number of Dependents…...………..            
                     
    Adjustments to Gross Income              
         Educator expenses……….…………            
         Health savings accounts…...………                           
         Alimony paid…………………………            
         IRA deduction…………………..……            
         Student loan interest deduction……            
        Tuition & fees deduction……………            
        Other (sum multiple items )…………            
      Total Adjustments:            
                     
    Adjusted Gross Income            
                     
    Deduction Choice
         
                     
    Itemized Deductions              
    Estimated Itemized Deductions……….    
These entries will reduce your taxable income and should be projected conservatively. A review of prior year tax returns could be useful in determining the amounts to use.
Note
     
                        or                
    Enter the following information to be more specific            
         Medical and dental expenses…….  
7.5 % of AGI is calculated by this sheet, enter actual dollar amounts of medical expenses eligible.
Note
     
         State and local taxes paid……..….          
         Real estate taxes…………..………          
         Personal property taxes…………..          
         Other taxes…………….…………...          
         Home mortgage interest/points…..          
         Investment interest………………….          
         Gifts to charity……………………….            
         Casualty or theft losses…………….            
         Unreimbursed employee expenses..    
2 % of AGI is calculated by this sheet, enter actual dollar amounts.
Note
     
         Tax preparation fees………………..            
         Other investment expenses…...…..            
         Other misc. deductions…………….            
      Total Itemized Deductions:            
                     
      Total Deduction:      
               
    Credits                
         Child & dependent care…………….            
         Credit for elderly or disabled……….            
         Education credits……………………            
         Retirement savings contribution…..            
         Child Tax Credit…………………….            
         Adoption credit………………………            
         Other Not Listed Above……………            
      Total Credits:            
                     
                     
    Federal  Results      
                     
    Projected 2017 Federal Tax Liability…            
    Already Paid……………………………            
    Remaining Liability……………………..            
                     
    If Withholdings Go Unchanged              
               
                     
                     
    Suggested Allowance Certificate (W-4)      
           
    Desired Refund……………………..    
You can adjust your withholdings based on your desired refund.

Note
     
                     
    If Changing Just Primary's Withholdings              
    Withholdings Need To Be……….            
                     
    Submit a W-4 with the following details:              
    W-4, Line 3, Status…………………            
    W-4, Line 5, Allowances……..……            
    W-4, Line 6, Additional Amount….            
                     
    If Changing Both Withholdings Primary Secondary          
    Withholdings Need To Be………….  
The breakdown is based on taxable wages as a percentage of the whole for each person.

These changes are for the next pay period, accuracy of changes will be slightly off if changes are updated after the next period.

Note
     
                     
    Submit a W-4 with the following details:              
    W-4, Line 3, Status………………….          
    W-4, Line 5, Allowances…………...          
    W-4, Line 6, Additional Amount…..          
                     
    These suggestions only apply if changed by the next pay period.       
    Withholdings should be recalculated in the beginning of 2018.       
    Bring a completed W-4 to your payroll department. IRS W-4          
  This application has been developed by DS-Websites contactus@mywithholdings.com      
  Disclaimer: While this application is designed to be accurate we do not take responsibility for any incorrect calculations.