The Tax Book: Real Answers, Real Fast!       HOME       ORDER       ABOUT US       CONTACT
Results 1 to 15 of 17

Thread: Updated 2018 Withholding Tables Now Available

Threaded View

  1. #7
    Join Date
    Feb 2015


    I looked mostly at TP's that are currently in th 28% or lower bracket and have come up with the following:

    TP's that take standard deduction will have slightly lower refunds in 2018 due to new withholding tables.
    Those that itemize in 2017 but won't meet the higher threshold in 2018 will see a more significant reduction in refund.
    Most that claim child tax credit should see a higher refund in 2018, although some with 2017 itemized will see lower refund.

    TP's that are very close to break even on 2017 return and want to be assured of not having a balance due 2018 may want to look at changing exemptions on W4.
    Last edited by kathyc2; 01-13-2018 at 10:16 AM.

Similar Threads

  1. Politicizing withholding tables
    By kathyc2 in forum Main Forum / Tax Discussion
    Replies: 6
    Last Post: 01-10-2018, 01:35 PM
  2. Federal withholding tables
    By Bonnie in forum Main Forum / Tax Discussion
    Replies: 1
    Last Post: 01-17-2017, 05:19 PM
  3. New Withholding Tables
    By Nashville in forum Main Forum / Tax Discussion
    Replies: 8
    Last Post: 01-08-2016, 05:05 PM
  4. new withholding tables
    By JenMO in forum Main Forum / Tax Discussion
    Replies: 5
    Last Post: 01-09-2013, 03:33 PM
  5. New Withholding Tables
    By Janey in forum Main Forum / Tax Discussion
    Replies: 10
    Last Post: 03-04-2009, 02:39 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Disclaimer: This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.