¶ 2 Leave a comment on paragraph 2 0 To do so is probably illegal. The forms and rules have yet to be constructed. Many firms have probably already been working on their 2017 returns, due in April 2018. All DIYS software, now on sale and purchased by many, would be useless. Tax preparation helpers would be severely handicapped.
¶ 3 Leave a comment on paragraph 3 0 Thus, the new rules probably/must apply to the 2018 year, with taxes due April 2019. It will effect withholding and prepayments, benefiting the primarily wealthy in 2018.
¶ 4 Leave a comment on paragraph 4 0 Then, why has Trump/GOP promised a larger paycheck THIS YEAR – 2018, for the middle class – so they will vote GOP in the fall of 2018. Bigger paychecks could be done by reduced WITH-HOLDING, but that must be negotiated by employee/pensioner and employer/agency. Does the new tax law mandate withholding?