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Thu Mar 1, 2018, 01:41 PM

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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Reply Your 2018 Federal Tax Estimator (Original post)
Freddie Mar 2018 OP
redstatebluegirl Mar 2018 #1
PoindexterOglethorpe Mar 2018 #2
Fresh_Start Mar 2018 #3

Response to Freddie (Original post)

Thu Mar 1, 2018, 01:47 PM

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

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

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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