The Treasury Department Just Released Updated Tax Withholding Tables That Will Change Your Paycheck

Ch-ch-ch-ch-changes.

Jacquelyn Martin/AP

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.

On Thursday, the Treasury Department released updated tax withholding tables that reflect the changes thanks to the tax bill Republicans passed in late December. Employers will be required to implement these new guidelines—which instruct how much of an employee’s salary is held back—by February 15, at which point the take-home pay people receive in their paychecks should change.

The guidelines were rushed out with such speed that, according to the Washington Post, the IRS will urge individual people to not just trust their employer, and instead use an online tool to make sure they aren’t “dramatically overpaying or underpaying their taxes.” However, the IRS says it doesn’t expect that tool to be online until “the end of February.”

Treasury Secretary Steve Mnuchin has said that 90 percent of people should see their take-home pay rise as these new withholdings are adopted, but regardless, it is only one part of a larger puzzle. The GOP tax bill included sweeping changes to deductions, which means people’s total tax burdens will not be fully apparent until they file returns in April 2019. 

You can read the updated withholdings tables below. (For comparison, the 2017 tax withholding tables can be found here.)

MOTHER JONES NEEDS YOUR HELP

We have about a $200,000 funding gap and less than a week to go in our hugely important First $500,000 fundraising campaign. We urgently need your help, and a lot of help, this week so we can pay for the one-of-a-kind journalism you get from us.

Learn more in “Less Dreading, More Doing,” where we lay out this wild moment and how we can keep charging hard for you. And please help if you can: $5, $50, or $500—every gift from every person truly matters right now.

payment methods

MOTHER JONES NEEDS YOUR HELP

We have about a $200,000 funding gap and less than a week to go in our hugely important First $500,000 fundraising campaign. We urgently need your help, and a lot of help, this week so we can pay for the one-of-a-kind journalism you get from us.

Learn more in “Less Dreading, More Doing,” where we lay out this wild moment and how we can keep charging hard for you. And please help if you can: $5, $50, or $500—every gift from every person truly matters right now.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate