Glossary

Deductions Worksheet: What It Means and Why It Matters for Your W-4

The IRS worksheet for calculating the Step 4b entry — used when itemizing deductions on your tax return.

Definition

The Deductions Worksheet is part of the W-4 form instructions and helps you calculate what to enter in Step 4b. Step 4b reduces your withholding if you plan to itemize deductions on Schedule A and your itemized total exceeds the standard deduction.

The worksheet calculates the excess: total itemized deductions minus the standard deduction for your filing status. Only the excess reduces your withholding — the standard deduction portion is already built into the withholding calculation.

Under OBBBA 2026, the SALT cap was raised to $40,000, which significantly increases the itemized deduction available to homeowners in high-tax states — making Step 4b more valuable for those filers.

How this affects your W-4

Use Step 4b when your annual itemized deductions exceed the standard deduction ($15,000 single / $30,000 MFJ in 2026). Enter only the excess amount — not your total itemized deductions.

Example: Single filer with $28,000 in itemized deductions enters $28,000 − $15,000 = $13,000 in Step 4b. This reduces annual withholding by approximately $13,000 × your marginal rate.

See how deductions worksheet affects your withholding

Use the free W-4 calculator to calculate your exact withholding with your specific situation.

Open the W-4 Calculator →

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