Question

One of the ways Mark and Sue can prevent having a balance due next year is to use the Tax Withholding Estimator at IRS.gov and then adjust their withholding.
a. True
b. False

Answer 1

Answer:

True ( A )

Explanation:

Mark and sue can prevent having a balance due next year by making very good use of the tax withholding Estimator. this will help them update your current year income and other important factors that has a very significant effect on your tax.

A withholding estimator is an estimator found in the IRS website, it is used to help employees to do a checkup on their paycheck i.e to ensure that taxes been held from their paycheck is the right amount.

using an estimator you will require to enter an estimate of your yearly income and other forms of income and also your number of dependents if it has changed over the year this will help you know how your current year taxes will affect you while filing for your tax next year.

Answer 2

Answer:

a. True  

Explanation:

They can check their withholding using the Tax Withholding Estimator at IRS.gov and adjust accordingly.