What would cause the tax withheld on our W2 forms to decrease last year? we did not make any withholding changes

kerrylee1818 · ‎June 1, 2019

JulieCo · ‎June 1, 2019

The IRS lowered the withholding tables in 2018 which required employers to then withhold at lower rates. This was done because of the Tax Cuts and Jobs Act of 2017 which lowered several income tax rate brackets. See more information below:

https://ttlc.intuit.com/replies/3301788

Also, you can adjust your withholding for 2019 by utilizing TurboTax’s W-4 Withholding Calculator

View solution in original post

JulieCo · ‎June 1, 2019

The IRS lowered the withholding tables in 2018 which required employers to then withhold at lower rates. This was done because of the Tax Cuts and Jobs Act of 2017 which lowered several income tax rate brackets. See more information below:

https://ttlc.intuit.com/replies/3301788

Also, you can adjust your withholding for 2019 by utilizing TurboTax’s W-4 Withholding Calculator

What would cause the tax withheld on our W2 forms to decrease last year? we did not make any withholding changes