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re: Anyone notice a difference in their tax refund/payment this year?
Posted on 2/10/18 at 8:08 am to Bestbank Tiger
Posted on 2/10/18 at 8:08 am to Bestbank Tiger
The above is correct. Will be interesting. The new withholding rates have only given me back an extra $7.00 per check. I know others who got much more after the change, so not sure what's affecting that. Could be because of my dependents or could be I end up getting significantly more back next year because my employer is being extremely conservative.
Posted on 2/10/18 at 8:49 am to S1C EM
quote:
Could be because of my dependents
This has nothing to do with how much they withhold. It’s all about the number you put on your W-4.
quote:
could be I end up getting significantly more back next year because my employer is being extremely conservative.
Your employer doesn’t determine how much they withhold. The IRS does.
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