Did you unexpectedly owe on last year’s return? With only a handful of paychecks left in 2019 to ensure you have enough withholding, we recommend you go to the IRS’s Tax Withholding Estimator (https://www.irs.gov/individuals/tax-withholding-estimator) or contact your tax professional to see where you stand. If you find that you are under withheld, you should determine how much additional withholding you need before 2019 draws to a close, divide that number by the number of remaining paychecks and complete a new W-4 using line 6 to catch up your withheld tax. Of course, by speaking with a tax professional, they may be able to give you ideas that could help you reduce your tax bill for 2019.
Time Is Running Out On 2019 Tax Planning