$
A year, before tax
$
A year; $0 if none
$
$0 to come out even
More about your money· 401(k), other income, deductions, mid-year
$
401(k), HSA, health premiums; a year
$
Interest, dividends; a year
Not children under 17
$
A year
$
The extra half of time-and-a-half; a year
$
Itemized deductions over the standard deduction; a year
Out of 26
$
Year to date, from your pay stub
Your W-4 now· Only Step 1 filled in
$
$
$
$
Each paycheck
With your W-4 as it is
About even
When you file your 2026 tax return
- Withheld each paycheck
- $295.00
- Federal income tax for 2026
- $7,670
Your W-4 is about right. Keep it as it is.
What this means
Your employer works out the tax to take from each paycheck from your W-4 and IRS tables. Over the year, you’ll have $7,670 withheld, against $7,670 of tax.
Your W-4, now and new
| Now | New | |
|---|---|---|
| Step 2(c) box | Not checked | Not checked |
| Step 3: credits | $0 | $0 |
| Step 4(a): other income | $0 | $0 |
| Step 4(b): deductions | $0 | $0 |
| Step 4(c): extra a paycheck | $0 | $0 |
| Withheld each paycheck | $295.00 | $295.00 |
| When you file | About even | About even |
Give the new W-4 to your employer, often through your payroll portal. It changes your next paychecks, not tax already withheld.
Your federal income tax for 2026
| Income | $75,000 |
| Standard deduction | −$16,100 |
| Tax on $58,900 | $7,670.00 |
| Tax for the year | $7,670.00 |
| Withheld from your pay | $7,670.00 |
| Refund | $0.00 |
Assumptions in this estimate
- Withholding follows the IRS’s 2026 percentage method (Publication 15-T, Worksheet 1A) for W-4s from 2020 or later. Payroll software can differ by a few cents; W-4s from before 2020 work differently.
- Your pay is the same every paycheck. Bonuses are often taxed at a flat 22%, which can change the result.
- Federal income tax only: Social Security, Medicare and state tax are separate. The year’s tax uses the standard deduction plus the deductions you enter, the child tax credit, the credit for other dependents and the earned income credit.
- Other income is taxed like wages; qualified dividends and long-term gains are usually taxed less.