PayStub Shows a CREDIT from Federal Income Tax

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  • This topic has 5 replies, 2 voices, and was last updated 5 years ago by BITCOI.
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  • January 6, 2020 at 3:41 pm #4331912
    Denae1001

      My 1st PayStub of the year 1/3/20 for pay period 12/15-12/28/2019 shows a credit of instead of a deduction where the Federal Income Tax line is. I have NEVER seen a credit before. Why would that be?

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      • January 10, 2020 at 6:57 pm #4332025
        BITCOI

          It’s a payroll error. Withholding can only be listed as a positive number!

        • January 7, 2020 at 3:29 pm #4331938
          Denae1001

            All I was told is it’s due to changes in Federal Income Tax. The W-4 forms are completely different. But I still don’t know how to fill it out so they take out money and don’t give me a credit.

          • January 7, 2020 at 3:01 pm #4331936
            Denae1001

              All payroll told me is it’s due to changes in Federal Income Tax , and W-4 forms have completely changed as well. I may be calling the IRS .

            • January 6, 2020 at 5:00 pm #4331914
              Sheila_33
                @sheila33

                @Denae1001: You may want to talk to your employer and check. I thought perhaps it could be because of the “Tax Cuts and Jobs Act” but I’m unsure of how that is going to affect individual pay stubs. Please let us know what you find out.

              • January 6, 2020 at 4:13 pm #4331913
                JJ

                  Question for your Payroll/HR department I think ;-))

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