IRS encourages #PaycheckCheckup

| March 24, 2018 1:00 AM

WASHINGTON — Following recent tax changes and the approach of the April tax deadline, the IRS is launching a special week beginning Monday, March 26 to encourage taxpayers to do a “paycheck checkup” to ensure they are having the right amount of taxes withheld at work.

The week-long campaign will show taxpayers how a “paycheck checkup” can help them prevent having too much or too little tax withheld from their paychecks. These steps can help avoid an unexpected tax bill or potential penalty at tax time in 2019. And with the average refund topping $2,800, some may prefer to get more money in their paychecks now.

The campaign will also show taxpayers how the Withholding Calculator tool on IRS.gov can help them accomplish a “paycheck checkup” and decide if they need to change their withholding with their employer. Several categories of taxpayers will be especially encouraged to review their tax withholding.

To support this effort and help spread the word about a national #PaycheckCheckup, sign up at http://thndr.me/7BvGKI.