I am a retiree working part time.
I will not have any tax liability (federal or state) this season unless I exceed the estimated income on my ACA premium assistance application ($35,000, most of which is SS).
I currently have nothing withheld for either federal or state, apart from normal FICA stuff.
I want to have a specific amount withheld ($25 fed, 10 state) regardless of my variable earnings to give me a small buffer if I go over the ACA estimate, and to give me a small refund if I don’t.
Can anyone tell me the correct way to set up my W4 to accomplish this?
TIA
original posted by MJ_Brutus to r/personalfinance on Wed, 06 Mar 2024 11:02:47 GMT.