If you’re self-employed, checking your tax situation just got easier:
August 7th 2019
Summary:
The Tax Withholding Estimator helps make it easier for everyone to pay the correct amount of tax each year. This tool can help you tailor the amount of tax you have withheld from your income during the year and avoid surprises at tax time.
The Tax Withholding Estimator helps make it easier for everyone to pay the correct amount of tax each year.
This tool can help you tailor the amount of tax you have withheld from your income during the year and avoid surprises at tax time. New features now provide more accurate estimates of withholding if you have a regular paycheck and self-employment income.
These features include the ability to:
- calculate tax on your self-employment income.
- see if you qualify for adjustments for self-employment insurance or contributions to qualified retirement plans.
The mission of the IRS is to provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all.
This mission statement describes our role and the public’s expectation about how we should perform that role.
- In the United States, the Congress passes tax laws and requires taxpayers to comply.
- The taxpayer’s role is to understand and meet his or her tax obligations.
- The IRS role is to help the large majority of compliant taxpayers with the tax law, while ensuring that the minority who are unwilling to comply pay their fair share.
Address, Main Office
Internal Revenue Service 1111 Constitution Ave., NW Washington, DC 20224
Contributing since February 17th 2022.