ilmscore | Tax Withholding for Multiple Jobs Predictions
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Accuracy

Recent Predictions

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Individuals with multiple jobs or married couples where both spouses work need to adjust their W-4 withholding.
"If you work for more than one employer or have more than one job at the same time, or if you are mar..."
Jan 12, 2020
Pending
Married couples with similar incomes from both spouses should select option C on the W-4 form.
"If you are married and both of you work and have approximately the same income, then you can proceed..."
Jan 12, 2020
Pending
Individuals with multiple jobs or married couples where both spouses work must withhold additional taxes beyond the standard options on the W-4.
"If you are single and have more than one job, or are married and both If you are employed, you need ..."
Jan 12, 2020
Pending
Section 2 of the W-4 form is applicable to individuals who are married filing jointly with both spouses working, or single individuals holding more than one job.
"if you are single and you do not have more than one job or you do not have more than one job then yo..."
Dec 17, 2019
Pending
Failure to report multiple jobs on the W-4 can lead to under-withholding of taxes, as each employer assumes a lower annual income than the actual total.
"so let's just say you're working 10 jobs this is extreme let's just say you're working 10 jobs you g..."
Dec 17, 2019
Pending
Failing to inform payroll systems about multiple jobs can lead to underwithholding taxes and a tax balance due at tax return time.
"if you do not relay this information to them you're gonna be withholding and a much lesser rate than..."
Dec 17, 2019
Pending
If both spouses in a married filing jointly situation do not inform payroll of their combined income, taxes will be withheld at a lower rate than appropriate for their total household earnings.
"if you're making a hundred grands and you do not signify to the payroll system that your spouse also..."
Dec 17, 2019
Pending