TurboTax summer tax tips

1. Revisit your W-4 withholding

• Properly adjusting your W-4 withholding can put more money in your pocket now, without resulting in a huge tax bill by the filing deadline.
• You won't get the large refund you may be accustomed to, but you won't be loaning the IRS your money and waiting until tax time to get it back either.
• Your employer can provide you with a new Form W-4 at any time.
• Keep in mind it may take a few weeks for your new withholding to take effect.

2. Increase your 401(k) contribution

• You can contribute up to $19,000 for 2019 and,
• If you are 50 or older, you can stash an extra $6,000 in catch-up contributions for a total of $25,000.

3. Pay your 2nd-quarter estimated tax payment

4. Carefully track your charitable donations

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