2018 Federal Withholding Taxes

Effective February, 2018 most employees found that the amount of Federal income tax withheld from their paycheck was reduced and the take-home pay was increased.

Unfortunately, not all taxpayers will experience a reduction in their Federal tax liability for 2018 and many will experience an increase. These people could find their 2018 Federal tax return will show a significant balance due.

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The last page is a written analysis of where you stand as of your most recent pay stub and what you need to do to meet your tax liability between the date you fill this out and the end of the year.

Taking a few minutes to do this will give you some control over your 2018 Federal taxes withheld.