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Get your taxes done using TurboTax
It depends. Due to the lower income tax rates in several tax brackets, the withholding tables were lowered for 2018 and employers were instructed to take out less taxes. This impact is affecting many tax returns in 2018 and is part of the reason the IRS lowered the underpayment penalty threshold to 80% of the tax amount due in March of this year (as opposed to the original 90% of tax due threshold).
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https://ttlc.intuit.com/replies/3301788
June 3, 2019
10:55 AM