Your 2018 Federal Tax Estimator

[link:https://www.irs.gov/individuals/irs-withholding-calculator|

I'm letting my payroll-manager freak flag fly...this was just released. If I hadn't changed our W4s and kept the new tax tables in place for myself and DH, we would owe next year!
Wonder how many folks will get an unpleasant surprise next spring.

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3 replies	Author	Time	Post
Your 2018 Federal Tax Estimator (Original post)	Freddie	Mar 2018	OP
We did the same, our tax guy told us when we went to pick ours up.	redstatebluegirl	Mar 2018	#1
So many people depend on a tax refund.	PoindexterOglethorpe	Mar 2018	#2
bad news for me	Fresh_Start	Mar 2018	#3

Response to Freddie (Original post)

Thu Mar 1, 2018, 01:47 PM

redstatebluegirl (12,157 posts)

1. We did the same, our tax guy told us when we went to pick ours up.

Thankfully we used someone this year because of a small inheritance made it harder to do it with Turbo Tax. This guy saved our butts. We would have owed 2400 if he had not shown us how the tax tables were screwy.

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Response to Freddie (Original post)

Thu Mar 1, 2018, 01:47 PM

PoindexterOglethorpe (24,255 posts)

2. So many people depend on a tax refund.

You are undoubtedly right that there will a lot of people getting an unpleasant surprise next spring.

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Response to Freddie (Original post)

Thu Mar 1, 2018, 01:51 PM

Fresh_Start (11,326 posts)

3. bad news for me

due to loss of tax deductions
instead of being even on federal....I'm going to owe at least 5K

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