Gentle Christian Mothers Community - View Single Post - 2018 IRS Tax Withholding Calculator

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The IRS put out their new withholding calculator several weeks ago, and with the major overhaul in the 2018 tax code it's worth checking to see if your withholding needs to be adjusted. When DH and I did ours, it turned out that we were under withheld by about 25% - despite getting a small refund in past years.

You'll need your most recent pay stub from each job, plus a copy of your 2017 return.

This is especially something you may wish to do if you live in a state with significant state and local income taxes, as those are no longer fully deductible, and in some cases this change will effectively "cancel out" charitable giving.

__________________
Wife to my wonderful Beloved (2002) / Mom to The Mathematician - making progress living with ASD, ADHD/SPD/anxiety and depression (2004) and precious Taylor

taken from us too soon (2009).

Go Team Lioness!!!

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05-04-2018, 07:36 PM	#1
FlyingBlueKiwi Rose Garden Join Date: Mar 2005 Posts: 6,504	2018 IRS Tax Withholding Calculator GCMs The IRS put out their new withholding calculator several weeks ago, and with the major overhaul in the 2018 tax code it's worth checking to see if your withholding needs to be adjusted. When DH and I did ours, it turned out that we were under withheld by about 25% - despite getting a small refund in past years. You'll need your most recent pay stub from each job, plus a copy of your 2017 return. This is especially something you may wish to do if you live in a state with significant state and local income taxes, as those are no longer fully deductible, and in some cases this change will effectively "cancel out" charitable giving. __________________ Wife to my wonderful Beloved (2002) / Mom to The Mathematician - making progress living with ASD, ADHD/SPD/anxiety and depression (2004) and precious Taylor taken from us too soon (2009). Go Team Lioness!!!

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