Think You’re Done With Paying Taxes for 2018? Not Yet!

Congressional auditors say about 30 million people — 21 percent of U.S. taxpayers — will have to come up with more money to pay their 2018 taxes next year because their employers withheld too little from their paychecks under government tables keyed to the new tax law.

New tax withholding tables for employers were put together by the government early this year. About 30 million workers received pay that was “under-withheld” — making their paychecks bigger this year but bringing a larger bill at tax time next spring, according to the Government Accountability Office’s report.

About 27 million taxpayers would have been affected even if the new law hadn’t been enacted. The changes, however, added an estimated 3 million to that number.

1 2 ... 8NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

1 thought on “Think You’re Done With Paying Taxes for 2018? Not Yet!”

  1. That’s not our fault, we as poor people, didn’t change the law. Trump the bum did. Take his money not ours. We barely get by, with these paycheck now. I don’t even get foodstamps or subsidize housing or section 8.

related posts