13
May

1040 Postmortem: Making Sense of Your Taxes and Withholding

An estimated 65% of U.S. households paid less in federal income taxes in 2018, whereas 29% paid about the same and 6% paid more. Source: Tax Policy Center, 2019 The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the first time most taxpayers could see
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