Multiple Jobs/Deductions Worksheet Tab
Use this worksheet if you choose the option in Step 2(b) on Form W-4.
Complete this worksheet (which calculates the total extra tax for all jobs) on only one Form W-4. Withholding will be most accurate if you enter the result on the Form W-4 for the highest paying job.
Multiple Jobs Worksheet
1. Two jobs
Enter the value at the intersection of the two household salaries from the appropriate table on page 4 of Form W-4.
If you have two jobs or you're married filing jointly and you and your spouse each have one job, find the amount from the appropriate table on page 4 of Form W-4. Using the "Higher Paying Job" row and the "Lower Paying Job" column, find the value at the intersection of the two household salaries and enter that value on line 1, then skip to line 3.
2. Three jobs
If you and/or your spouse have three jobs at the same time, complete lines 2a and 2b below. Otherwise skip to line 3.
This non-editable field is the sum of 2a and 2b.
| Field | Description |
|---|---|
| a |
Find the amount from the appropriate table on page 4 of Form W-4 using the annual wages from the highest paying job in the "Higher Paying Job" row and the annual wages of employee's next highest paying job in the "Lower Paying Job" column. You must then find the value at the intersection of the two household salaries and enter that value this field. |
| b |
Add the annual wages of the two highest paying jobs from line 2a together and use the total as the wages in the "Higher Paying Job" row and use the annual wages for your third job in the "Lower Paying Job" column to find the amount from the appropriate table on page 4 of Form W-4. You must then enter in this field the value at the intersection of the sum of two highest household annual wages and the wages for your third job. |
3. Number of pay periods per year for the highest paying job
Enter the number of pay periods per year for the highest paying job. For example, if that job pays weekly, enter 52; if it pays every other week, enter 26; if it pays monthly, enter 12.
4. Divide the annual amount on line 1 or 2 by the number of pay periods on line 3. This is the additional amount entered on Step 4c of Form W-4 for the highest paying job.
Enter the number of pay periods per year for the highest paying job. For example, if that job pays weekly, enter 52; if it pays every other week, enter 26; if it pays monthly, enter 12. This field displays the quotient of the annual amount on line 1 or 2 by the number of pay periods on line 3. The result will be automatically displayed in 4c of Federal Withholding tab.
Deductions Worksheet
1. Enter an estimate of your itemized deductions (from Schedule A (Form 1040)). Such deductions may include qualifying home mortgage interest, charitable contributions, state and local taxes (up to $10,000), and medical expenses in excess of 7.5% of your income.
Enter an estimate of your itemized deductions.
2. Enter:
These non-editable fields automatically display the deduction amount depending on the employee's filing status. The deduction amounts comes from the Manage Federal Taxes screen.
| Field | Description |
|---|---|
| if you're married filing jointly or qualifying widow(er) | This field displays the latest deduction amount for the Married filing status. |
| if you're head of household | This field displays the latest deduction amount for the Head of Household filing status. |
| if you're single or married filing separately | This field displays the latest deduction amount for Single filing status. |
3. If line 1 is greater than 2, subtract line 2 from line 1. If line 2 is greater than line 1, enter "0".
The field in this section automatically calculates and displays a value based on the line 3 instructions.
4. Enter an estimate of your student loan interest, IRA contributions, and certain other adjustments (from Part II of Schedule 1 (Form 1040)). See Pub 505 for more information.
Enter an estimate of your student loan interest, IRA contributions, and certain other adjustments (from Part II of Schedule 1 (Form 1040)) in the provided field.
5. Add lines 3 and 4. Enter the result here and on line 4b of Form W-4.
The field in this section displays the sum of lines 3 and 4. The result will be entered on line 4b of Form W-4. The result will be automatically displayed in 4b of Federal Withholding tab.
Calculate
Click this button to compute the additional withholding amount and/or the deductions amount and populate the Federal Withholding tab.