turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I also have this concern. I claimed zero deductions since I retired, therefore expect a good refund springtime. I know it's an unusual plan, but it helps cover Virginia tax due. My question concerns t

...concerns TurboTax answer that I withheld less and got more in each payday. I did not change my withholding. What happenee? Is it built in to new tax law?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I also have this concern. I claimed zero deductions since I retired, therefore expect a good refund springtime. I know it's an unusual plan, but it helps cover Virginia tax due. My question concerns t

In 2018, the IRS in response to the "tax cut" in the Tax Cut and Jobs Act of 2017, adjusted (reduced) the withholding tables on the principle that if your taxes were going down, so should your withholding.

Please see https://www.irs.gov/newsroom/individuals and be sure to look at the Paycheck Checkup link to re-estimate what your withholding should be.

Please see https://tax.virginia.gov/withholding-calculator to see how your employer calculates your Virginia withholding.

View solution in original post

1 Reply

I also have this concern. I claimed zero deductions since I retired, therefore expect a good refund springtime. I know it's an unusual plan, but it helps cover Virginia tax due. My question concerns t

In 2018, the IRS in response to the "tax cut" in the Tax Cut and Jobs Act of 2017, adjusted (reduced) the withholding tables on the principle that if your taxes were going down, so should your withholding.

Please see https://www.irs.gov/newsroom/individuals and be sure to look at the Paycheck Checkup link to re-estimate what your withholding should be.

Please see https://tax.virginia.gov/withholding-calculator to see how your employer calculates your Virginia withholding.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies