Powered by

IRS deploys tool for taxpayers to check their withholdings

Mar 01, 2018 - The Washington Post

The Internal Revenue Service released a new tool Wednesday designed to help millions of Americans ensure they are not dramatically underpaying or overpaying their taxes under the new Republican tax law.

The online calculator allows taxpayers to compare how much their employer is withholding for taxes on their pay stub to a government projection of how much should be withheld. The tool makes that calculation based on income, household size and other variables.

The move is aimed at giv...