Nice to get a little extra in the pay check, anyone else's company make the change yet? About a 20% difference in federal taxes was the difference in mine.
Just got my first check with the new tax laws.
- Thread starter beanerhawk
- Start date
You're not supposed to notice those crumbs. Nancy Pelosi said so. And the libs on this board think you should thank Obama.
I don't see how the Federal government having 20% less revenue could be a problem for us at all down the road...
Congrats!
Signed,
Your grandchildren who will pay the price
Signed,
Your grandchildren who will pay the price
Is that money going to change your life, or otherwise make it easier on your family? How will you spend it?
I would set a goal for those bastages to get zero from us!!
No longer gonna go bottom shelf hookers and blow. He's now in the mid-tier selection
20% less sounds right for someone making up to 38K per year. If you're making 90K it should be much less difference, around 14%.
I also am enjoying the additional pay.
I am pleased about the economy and where it seems to be headed.
At the same time I am concerned about the size of corporate tax cuts and how middle/poor Americans will be impacted by a growing deficit.
I'm also annoyed by the GOP for crediting the tax bill everytime something good happens.
I am pleased about the economy and where it seems to be headed.
At the same time I am concerned about the size of corporate tax cuts and how middle/poor Americans will be impacted by a growing deficit.
I'm also annoyed by the GOP for crediting the tax bill everytime something good happens.
I thought it was feb 1st when people notice it. oh well, maybe people who get paid twice a month or something, get it early
Did OP just admit he’s poor?
Thank you for such a reasonable post, absolute rarity around here anymore.
If you plan to keep posting like this, get an avatar.
Dude I'm leaving them millions, they got nothing to worry about. It's the poors that are screwed.
Just more hundreds to go under the mattress, that I don't spend on trips to Key West to party of course.
He actually nailed my salary, it's just not the first number.
No difference in my first paycheck. The charts say I'll see about $10 per pay period less.
They don't, and many people will get a not so welcome surprise when taxes are due in 2019 if they don't pay attention.
But then how will we fund our massive military?
New withholding tables were released January 11. I did not think we would see these reflected in paychecks until February.
They are done
https://www.irs.gov/newsroom/update...payers-could-see-paycheck-changes-by-february
But yes everyone needs to adjust allowances according to their own situation. But most won't. The tables don't know how old your kids are. I have a family of 5 and have claimed up to 18 allowances in the last decade because of the child tax credit, mortgage interest, etc. I am now down to 4 because of raises, children turning 17, less mortgage interest.
I just checked and I have no idea if they’ve adjusted the pay tables or not, but there was a slight difference from December to January. I’m a public employee so my wages are public record. In the second half of December my gross pay was 3228.90 with federal income taxes withheld of 593.68 for an effective federal withholding rate of 18.4%. For the first half of January my income was exactly the same and my withholding went up to 600.74 for an effective rate of 18.6%. I lost 6 bucks with the tax cut. I made no change to withholding for the new year.
Thanks Trump.
Note that I have now and always do claim zero dependents during the year. I have independent contractor and a second employer and if I claimed dependents, I would always have a big check to write every April.
Thanks Trump.
Note that I have now and always do claim zero dependents during the year. I have independent contractor and a second employer and if I claimed dependents, I would always have a big check to write every April.
Did your health insurance amount change? That would have an effect on the amount that is taxed. Money going to retirement would do the same.
That change wouldn’t happen until July. They only reset that once a year. Neither that or IPERS changed.
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