The Estimator helps you identify your tax withholding to make sure you have the right amount of tax withheld from your paycheck.
Read MoreReviewing withholding is especially important if people did a Paycheck Checkup in 2018 and adjusted their withholding during the middle or late in the year. Another review early this year can help make sure they’re having the right amount withheld for the rest of 2019.
Read MoreThe IRS has announced that it is generally waiving the penalty for any taxpayer who paid at least 85 percent of their total tax liability during the year.
Read MoreRetirees should do a Paycheck Checkup to make sure they are paying enough tax during the year by using the Withholding Calculator, available on IRS.gov. The Tax Cuts and Jobs Act, enacted in December 2017, changed the way tax is calculated for most taxpayers, including retirees.
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