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Reply to "Face It: You (Probably) Got a Tax Cut"
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[quote=Anonymous][quote=Anonymous]Our accountant said our tax went down slightly. Fine. [b]Tell me why this administration is so inept that they couldn't warn people about how they changed withholding back in February 2018. [/b] That's the main thing - people are being taken by surprise because they trusted their government to tell them what they are doing when they are doing it. Inept.[/quote] I am one of those people who got caught by surprise. I owed about the same amount of tax as in 2017, but the change in withholding meant I had to write a check for several thousand yesterday. Oops. But you were warned in January 2018: https://www.irs.gov/newsroom/2018-withholding-tables-now-available And there were news articles about it: https://www.cnbc.com/2018/08/01/30-million-americans-are-not-withholding-enough-pay-for-taxes.html https://www.cnbc.com/2018/03/01/a-tax-related-action-every-employee-should-take-in-2018.html https://www.npr.org/2018/08/01/634474267/more-taxpayers-will-owe-the-irs-in-april-due-to-under-withholding-report-says https://www.forbes.com/sites/kellyphillipserb/2018/08/30/irs-continues-to-urge-taxpayers-to-doublecheck-their-withholding-as-tax-pros-express-concern-over-draft-form-w-4/#22e7800550c0 https://www.forbes.com/sites/kellyphillipserb/2018/08/04/report-suggests-more-taxpayers-will-owe-tax-in-2019-due-to-withholding/#50177b565f0f I just checked and [i]even my employer[/i] sent a warning in March 2018 for all employees to check their withholding. We're all busy. But I blame [i]myself[/i] for not noticing. My ineptitude. I screwed up. Nobody else. [/quote]
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