I am going to talk to an accountant but I also like to get different perspectives
So I have 2 jobs and just found out my second job hasn't been withholding federal taxes.
The second job (without taking out the taxes) gives me an extra $500 a month and I'll owe about 1000-1500 at the end of the year. I only worked there from March-December of this year..
I am wondering is it worth it to keep the second job. In order not to owe at the end of the year I would have to take out at least $50 a check (we are paid twice a month) and that would give me probably 400-350 a month extra to work with.
At this point the financial that caused the need for the second is gone, but I wanted to buy a new car at the end of next and just sock away some of the dough for savings (you know how you're supposed to have 3 months of bills saved just in case). It isn't essential just helpful. I don't mind working it since I'm single with no kids and gives me something to do in the evening when I'm not busy.
It is worth it to keep working.