45% of Americans dont know how much tax is withheld from their pay

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Whether workers get a windfall from Uncle Sam or wind up owing taxes mostly comes down to filling out one form correctly – and few people are doing it.

In fact, 45% of the people polled by the American Institute of CPAs said they don’t know when they last reviewed the amount of tax withheld from their paychecks.

The organization surveyed 2,028 adults online from Oct. 1 to Oct. 5.

Article Written By:  Darla Mercado

Original Article Posted on:  DEC 9 2020