calculate_w4_withholding
Calculate federal tax withholding recommendations for W-4 forms. Provides per-paycheck tax estimates and step-by-step form guidance based on income, filing status, and deductions.
Instructions
Calculate recommended W-4 withholding settings. Estimates per-paycheck federal tax and provides step-by-step W-4 form recommendations.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| taxYear | Yes | Tax year (2024 or 2025) | |
| filingStatus | Yes | Filing status | |
| annualSalary | Yes | Annual salary from this job | |
| payFrequency | Yes | How often you get paid | |
| otherIncome | No | Other annual income (interest, dividends, side gigs) | |
| deductions | No | Expected itemized deductions (if more than standard) | |
| dependents | No | Number of qualifying child dependents | |
| spouseWorks | No | Does your spouse also work? | |
| multipleJobs | No | Do you hold multiple jobs simultaneously? |