Trump's Tax Plan and How It Affects You|Here’s How the Trump Tax Plan Could Affect You|How does the Republican tax plan affect me? Try these four tax calculators

Trump's Tax Plan and How It Affects You

Update: Many of the tax changes went into effect in January 2018 (though they won’t impact the 2017 taxes you will file in April 2018) and employees can expect to see changes to their paychecks starting in February 2018.

Earlier: President Trump signed the tax bill into law on Dec. 22, 2017. This came after the House passed the final version of the tax reform bill on Dec. 20, 2017, with a final tally of 224-201. Twelve House GOP members opposed the legislation and no Democrats voted for it. Originally, the House passed the bill on Dec. 19. A re-vote was necessary because several provisions of the bill reportedly violated Senate rules and needed to be removed. The Senate passed the corrected version of the bill in the early morning hours of December 20, voting 51-48 along party lines. 

Here are four ways to estimate your taxes:

• CNN calculator - This one asks your annual income range, whether you itemize your tax return, whether you live in a high-tax state, whether you file a joint, single of head-of-household return and whether you claim a child tax credit.
• The New York Times calculator - Eliminates the state question but asks whether you took the standard deduction this year.
• MarketWatch calculator - This one is more specific. It lets you check an exact income amount instead of a range, and it recognizes mortgage interest, charitable contributions and how much you pay in state and local income and property taxes.
• The Washington Post calculator - This one lets you pick your state but allows only two options for filing status: single, or married with two children.