Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph expects to earn $98,000 (paid monthly) and estimates their itemized deductions to be $29,500 for the year. Kathy expects to earn wages of $54,000. The Gumps expect to have for AGI deductions of $3,600.

Use Form W-4 and worksheet to determine what Ralph should report on lines 3, 4(a), 4(b), and 4(c) of Form W-4.

The amount from the table of the instructions regarding two jobs is $8,420.

Given the information above, how to find Deduction and Extra withholding for the year of 2020?

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Step 4 (optional): Other Adjustments a. Other income (not from jobs). If you want tax withheld for other income you expect this year that won't have withholding, enter the amount of other income here. This may include interest, dividends, and retirement income b. Deductions. If you expect to claim deductions other than the standard deduction and want to reduce your withholding, use the Deductions Worksheet on page 3 and enter the result here c. Extra withholding. Enter any additional tax you want withheld each pay period. . . 2 4(a) 4(b) 4(c) 0 500 X $ 2,020 X Step 4 (optional): Other Adjustments a. Other income (not from jobs). If you want tax withheld for other income you expect this year that won't have withholding, enter the amount of other income here. This may include interest, dividends, and retirement income b. Deductions. If you expect to claim deductions other than the standard deduction and want to reduce your withholding, use the Deductions Worksheet on page 3 and enter the result here c. Extra withholding. Enter any additional tax you want withheld each pay period. . . 2 4(a) 4(b) 4(c) 0 500 X $ 2,020 X