About the Tax Withholding Estimator

The Tax Withholding Estimator can help you determine how much your employer should withhold from your pay. It is based on the information you enter in the Tax Estimator. You enter your tax-related information such as your paycheck amount, indicate the approximate refund or payment you want, and the Tax Withholding Estimator does the rest.

Money projects your tax liability and suggests a tax withholding amount based on the information you enter. The more complete and accurate your information is, the closer the Money estimate will be to your actual tax liability.