Try This Simple Way To Save More Money NOT Found On Google ?
Howto & Style
Introduction
In another episode of how Coach B saved your life, here's a super simple way to save money that you won't find on Google. Typically, when you search ways to save on Google, the results are filled with suggestions like meal prepping, unplugging appliances, and so on.
However, what they don't tell you is that you can put more money in your pocket with a strategy I'm about to share. Instead of heading to Google, go to the IRS website and search for the "Tax Withholding Estimator."
Steps to Save Money
Visit the IRS Website:
- Navigate to the IRS website.
- Search for the "Tax Withholding Estimator."
Use the Tool:
- This tool will show you your estimated federal tax refund. For example, if the estimate is a $ 2,800 refund, it translates to potentially an extra $ 233 back in your pocket each month.
Adjust Your W-4 Form:
- Download the pre-filled W-4 form provided by the estimator.
- This form is designed to help increase your take-home pay.
- Print and sign the form, then submit it to your employer.
By adjusting your tax withholding, you can effectively spread out your tax refund throughout the year, allowing you to access more of your money each month rather than waiting for a lump sum at the end of the year.
Introduction
The extracted keywords from the article are:
- IRS website
- Tax Withholding Estimator
- federal tax refund
- pre-filled W-4 form
- increase take-home pay
- save money
- monthly savings
- lump sum
Introduction
Q: What kind of tips can I typically find on Google for saving money?
A: Common tips include meal prepping, unplugging appliances, and other household saving measures.
Q: What website do I need to visit for this unique money-saving tip?
A: You need to visit the IRS website.
Q: What tool on the IRS website helps with estimating your tax refund?
A: The "Tax Withholding Estimator."
Q: How can the Tax Withholding Estimator help me save money monthly?
A: By showing you your estimated federal tax refund, which you can then use to adjust your W-4 form and increase your take-home pay each month.
Q: What is the potential monthly saving using this method?
A: In the given example, you could potentially save an extra $ 233 each month.
Q: What is the next step after completing the Tax Withholding Estimator?
A: Download, print, and sign the pre-filled W-4 form and submit it to your employer.