People may well be in for a nasty surprise come January

[dsc]

I haven't received my W2 yet but I do have my last paycheck and it usually is a decent stand in. It looks like I owe over 1,000 from my main job and my summer job is always under withheld. This isn't looking good. On edit I usually end up within 100 either way.

[guillaumeb]

1. All part of the GOP tax cut plan.

I talked to a friend who is a CPA recently, and he said many of his clients will be quite surprised at their tax liability this year.

[dsc]

2. I had an inkling

and I am fortunate that I can afford this but I didn't think it would be this bad. I could end up owing around 1500.

[guillaumeb]

4. What should people have expected from the GOP, and its con man leader?

Smoke and mirrors.

[mucifer]

3. you do realize this is Obama's fault

[Doreen]

9. Do not forget Hillary's fault also.

[lpbk2713]

13. And Pelosi.

It's a damn librul conspiracy I tells ya.

[bullwinkle428]

15. I'll bet my 401k that Shitler will try to blame it on her.

[WhiteTara]

14. Well, Nancy Pelosi must bear her share

of the burden for what ever is going wrong now.

[handmade34]

5. oh, taxes can't scare me...

the day before Christmas I got a letter from Social Security letting me know they overpaid me by just under $8,000.00 in 2016 and want it back asap... my taxes can't get much worse than that

[dhol82]

6. How could they have overpaid you?

[handmade34]

10. my ignorance...

and being overwhelmed by taking care of my father (dementia) and his expenses, and starting a new business... I wasn't paying attention and didn't let them know about my income in 2016 (figured they had access to all my info... not trying to hide anything )....

[dhol82]

11. That sucks big time.

[still_one]

7. The removal of the personal exemption is going to surprise a lot of people, and not in a good way

[Turbineguy]

8. I upped my quarterly estimate payments

to compensate for the tax cut. After all, it was a Trump-GOP operation.

[dhol82]

12. Yup, my accountant had me start quarterly payments last April.

I am in New York and lost most of my real estate deductions.
He knew we were fucked.

[Gothmog]

16. My son adjusted his withholding twice last year