- Joined
- Jan 20, 2004
- Messages
- 30,605
- Reaction score
- 19,635
It keeps getting better an better people who did not change things this year will see their taxes go up. That means over 30 million Americans are not withholding enough an will face tax hike April.
"Based on simulations run by the Treasury Department, the GAO says taxes for 30 million Americans — 21 percent of taxpayers — are being underwithheld by their employers, meaning they are getting a larger check this year, but will owe at tax time in April. According to the simulations, 73 percent of taxpayers will be overwithheld and receive a refund from the Internal Revenue Service."
https://www.npr.org/2018/08/01/6344...ign=npr&utm_term=nprnews&utm_content=20180801
"Based on simulations run by the Treasury Department, the GAO says taxes for 30 million Americans — 21 percent of taxpayers — are being underwithheld by their employers, meaning they are getting a larger check this year, but will owe at tax time in April. According to the simulations, 73 percent of taxpayers will be overwithheld and receive a refund from the Internal Revenue Service."
https://www.npr.org/2018/08/01/6344...ign=npr&utm_term=nprnews&utm_content=20180801