Your Paycheck Could Increase in February, but There May Be a Catch [VIDEO]
According to the US Treasury, about 90% of us will see an increase in our takehome pay in February thanks to the new tax reform bill. But wait just a second -- there's a chance you may wind up with too much money in your paycheck, which could cause you to owe money (or owe more money) when you file your 2018 taxes.
Because the government is in a rush to roll out the new tax bill, your employer may be forced to estimate how much to withhold from your check using last year's guidelines.
According to Fox-40, those who have a larger number of dependents are most-likely to be impacted and are encouraged to look closely at how much is withheld from their checks.