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The IRS has goofed. It is has applied the new withholding tax tables (for wage earners) to the monthly retirement allowances of retirees. The preexisting table should be used for non-wage earners; i.e. retirees. More ... QUESTIONS AND ANSWERS GENERAL Question: For years, I've enjoyed the convenience of having my Social Security benefit directly deposited into my bank account. I've recently changed banks. How do I change my direct deposit from one bank to another? More ... |
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