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seasam1
New Member

If nothing is changing for both income and deductions for me next year, why does my W-4 estimate say I need to withhold even more money next year?

 
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If nothing is changing for both income and deductions for me next year, why does my W-4 estimate say I need to withhold even more money next year?

For one thing, the $4050 Personal Exemption per person goes away in 2018. But the Standard Deduction goes up.

Also see:

https://www.fool.com/taxes/2017/12/29/your-complete-guide-to-the-2018-tax-changes.aspx

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1 Reply

If nothing is changing for both income and deductions for me next year, why does my W-4 estimate say I need to withhold even more money next year?

For one thing, the $4050 Personal Exemption per person goes away in 2018. But the Standard Deduction goes up.

Also see:

https://www.fool.com/taxes/2017/12/29/your-complete-guide-to-the-2018-tax-changes.aspx

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