With only a few weeks left in 2024, you may be finishing up some unfinished business to prepare for the new year with a clean slate. You're not alone.
The Internal Revenue Service is reminding people nationwide to make adjustments that could affect their taxes by the end of the year.
There are only a few pay periods left in 2024. This means you don't have much time to make sure the amount of tax withheld from your paycheck is correct. IRS warns.
Check withholding tax amount
agency also providesOn that website, IRS.govhelps taxpayers ensure all withholdings are correct.
“This tool is especially useful for people who have fallen behind on taxes or received a large tax refund in the past year, or who have experienced a life change such as marriage, divorce, or the birth of a child,” the IRS says.
of Withholding tax estimation tool This tool allows people across the country to estimate the federal income taxes they want their employers to withhold from their paychecks, how withholding affects your refund, and how withholding affects your take-home pay. You can check if it gives you
“The IRS remains focused on making tax filing easier and more accessible to everyone,” IRS Commissioner Danny Wuerffel said in a release.
“We've added more digital tools to help taxpayers. But as tax season rapidly approaches, the IRS is reminding taxpayers that there are important steps they can take now to prepare for 2025. Masu.”
