Missourians expecting a tax refund this April may instead learn they actually owe the state money due to a tax withholding error.
The issue, arising from the Department of Revenue’s withholding tables, was corrected in September. However, on Wednesday, lawmakers expressed concern over the issue not being communicated to taxpayers.
At a House Budget Committee hearing, lawmakers on both sides of the aisle expressed frustration.
Individuals anticipating a modest refund after they file their taxes could wind up with a bill. Even those that do get a refund could receive up to 90 percent less than expected.
Income tax revenue is down $532 million, or 13 percent, this fiscal year compared with the same time last year.