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Anybody seen their new pay stub yet for the new tax law?

Posted on 1/18/18 at 7:44 am
Posted by Civildawg
Member since May 2012
8568 posts
Posted on 1/18/18 at 7:44 am
Just got mine today and have about $100 dollars more in my paycheck.
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 1/18/18 at 7:50 am to
no change for me
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 1/18/18 at 7:55 am to
Most wont see anything until next month
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 1/18/18 at 8:05 am to
No change. Trump lied again!
I'm sure it will be different next month.





Posted by Civildawg
Member since May 2012
8568 posts
Posted on 1/18/18 at 8:08 am to
Yeah our company thought it would be next month too. They must have got all the info they needed to change it sooner for us though.
Posted by finchmeister08
Member since Mar 2011
35675 posts
Posted on 1/18/18 at 8:18 am to
quote:

Just got mine today and have about $100 dollars more in my paycheck.

subtle brag
Posted by Billy Mays
Member since Jan 2009
25284 posts
Posted on 1/18/18 at 8:36 am to
My federal withholdings increased like 20% or so, so the check is actually less this month.

I think February is when the changes are going to be positive for most people.
Posted by Tiger Prawn
Member since Dec 2016
21918 posts
Posted on 1/18/18 at 10:03 am to
I thought they said it would start reflecting on people's paychecks in February?
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 1/18/18 at 10:09 am to
good cause I upped my HSA to withdraw max
Posted by GCTigahs
Member since Oct 2014
2038 posts
Posted on 1/18/18 at 10:51 am to
For my two paychecks in January, my federal withholding percentage went from 15.5% in 2017 to 14% in 2018. Not sure if this is related to the tax plan or not.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75221 posts
Posted on 1/18/18 at 11:17 am to
I thought the changes would be reflected in February?
Posted by LSU9102
West of the Mississippi
Member since Mar 2007
2476 posts
Posted on 1/18/18 at 11:43 am to
quote:

I thought they said it would start reflecting on people's paychecks in February?


Correct. It's not until February.
Posted by simonizer
no
Member since Oct 2008
1647 posts
Posted on 1/18/18 at 12:13 pm to
The new tax tables have already been released. It is entirely possible that your most recent pay includes these changes.

Employers are required to use the new tables no later that Feb 15th, however they can use them now.

LINK
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/18/18 at 1:03 pm to
I just got a raise (because I'm awesome) so it was going up anyway.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13582 posts
Posted on 1/19/18 at 5:21 pm to
So if our employers wait until Feb 15th to change withholdings, will all the money they’ve withheld so far this year above the new rates get refunded on next year’s refund?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 1/19/18 at 5:33 pm to
quote:

So if our employers wait until Feb 15th to change withholdings, will all the money they’ve withheld so far this year above the new rates get refunded on next year’s refund?


Depends. If you usually owe at the end of the year, you'll probably owe less because you had more withheld in January. If you get a refund it's entirely possible it'll be bigger because you "over withheld" in January.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36763 posts
Posted on 1/19/18 at 5:37 pm to
unsure however my check was thousands larger. however I got a 25% raise and 5% bonus on this check so probably not a good test case.
Posted by gamatt53
Member since Nov 2010
4934 posts
Posted on 1/19/18 at 5:51 pm to
Our payroll software (large enterprise cloud software provider) will be updating the tax rates tonight. Will be effective for our first paycheck in Feb.
This post was edited on 1/19/18 at 5:52 pm
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 1/19/18 at 7:36 pm to
That was helpful....
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13582 posts
Posted on 1/19/18 at 8:52 pm to
Makes sense thanks I just was curious how that would work.
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