Tax season is officially underway and some early filers are complaining online they owe more money to the IRS this year than anticipated. Several social media posts that went viral on TikTok and X in January claimed the Tax Cuts and Jobs Act, a tax reform bill signed into law by then-President Donald Trump in 2017, is to blame for why it appears as if more people owe more federal income taxes this year. One TikToker alleged there are yearly income-based tax increases built into the law, and those increases are hitting middle-class workers this year. But is that actually the case? All of our sources say the Tax Cuts and Jobs Act of 2017 is not to blame for why taxpayers may owe federal taxes this year because most individual income tax provisions in the law have not changed since 2018 and will not change until after 2025. VERIFY went through the law’s text and found it does not mention yearly income-based tax increases that will suddenly cause taxpayers to owe significantly more in taxes in 2023 versus last year. MORE: https://www.wtsp.com/article/news/verify/taxes-verify/tax-cuts-and-jobs-act-of-2017-does-not-have-built-in-tax-increases-for-2023-taxes/536-43ba4a51-bcde-46c9-8d51-25f9819462dc ►Subscribe: https://on.wtsp.com/youtube ►Website: https://www.wtsp.com/ ►Facebook: https://facebook.com/10TampaBay ►X: https://twitter.com/10TampaBay