Free Annual Tax Withholding Planner(Google Sheets)

This free template helps you track how much federal tax is being withheld from each paycheck across the year, so you can catch under-withholding before tax season — not after.

Free Template

Annual Tax Withholding Planner

W4Calc.com — 3 tabs, no signup required

Open Withholding Planner →

Opens in Google Sheets — free, make a copy to edit

Who This Is For

  • 💼People with two jobs or a working spouse — two employers means two withholding calculations, and gaps add up fast.
  • 💻Freelancers or side-income earners with 1099 income — no withholding at the source means you need to track it yourself.
  • 📬Anyone who got a surprise tax bill last year and wants to prevent it — monthly tracking gives you time to adjust.

What's Inside the Template

Tab 1 — Income Sources

Enter up to two jobs and any side income. Set pay frequency and filing status per job. Calculates total estimated gross income automatically.

Tab 2 — Monthly Withholding Tracker

Log withholding and quarterly tax payments month by month. Running total updates your projected year-end refund or balance due as you go.

Tab 3 — W-4 Settings Log

Track every W-4 change you make: filing status, Step 3 credits, Step 4b deductions, and extra withholding. Holds up to 5 historical entries.

Not Sure If Your W-4 Is Set Correctly?

Use the W-4 calculator to check your current withholding and get recommended settings before logging anything in the planner.

Check My W-4 Withholding

Get your recommended W-4 settings in 60 seconds — free

Open the W-4 Calculator →

Ready to File?

Once you've tracked your withholding all year, filing is easier. Compare free tax software options →

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