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Old 01-15-2018 | 03:59 PM
  #18236  
HighFlight
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It’s unlikely that your income taxes went up overall. You are likely seeing a bigger amount of taxes monthly than you are used to, but it will likely be lower than the 25% taken out of the bonus (unless you are in the 25% bracket already).

At the end of the year, unless you are in a 25% or higher tax bracket, your federal taxes should be lower than last year.

And the smart money has you either breaking even at tax time, or preferably owing the gubmint a little bit of money.

Originally Posted by Mesabah
First new paychecks are out, quite the increase, however, looks like income taxes went up for me, though I'll get a bigger tax return in 2019. Interest free loan to the government, winning!
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