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I used the H&R Block 2003 tax outlook calculator ( to estimate my taxes and with just my base salary I am on track to receive approximately a $600 refund based on 2 W4 withholding exemptions.

However, I'm also working some "extra" shifts which should amount to nearly 15k gross. If I'm doing the math correctly I'm having the standard 27% withheld of the extra. However one of the people I work with told me to check my withholdings carefully as he ended up paying a significant amount of taxes. The calculator doesn't work all that well for me because the additional wages is a pretty significant compared to my base AGI (30k).

I've already paid more in taxes this year than I did for 2002 total so I can't be penalized but I'd like to some with figuring out whether I should adjust my W4 withholdings at all.

Any help would be appreciated.

If your employer is withholding 27% on your overtime (that's one method, but not the only one) you shouldn't have any problems. In fact, with the change in the tax rates, you should end up overwithheld. Unfortunately, there isn't any "easy" way to project your liability and withholdings this year when your income varies from pay period to pay period. If you look at other posts on this board you'll find recommendations for programs that will help you. Each of them will require a bit of preliminary calculation on your part to determine the appropriate numbers to use for the input.

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