- Feb 22, 2017
- 110,030
- 38,403
- 2,290
Bottom line: the taxes you paid in April 2018 were the taxes you paid in April 2018. They were recorded as revenue in April 2018, not in the the year 2017.
You really don't understand how the income tax system works, do you, dumbass?
You may have underpaid, but most people overpay.
No, they were not taxes I paid in 2018, the check was to make up for the taxes I did not pay in 2017. Next year my check to the Govt will be much smaller thanks to the tax cut and I will bet you $100 right now that next year there is not record revenue in April.
The tax cut did not change how much I had to send to the Govt even one cent because the tax cut did not take effect till after the tax year ended.