Your Taxes: Less Refunds, More Bills

For millions of Americans, tax season might be a pain, but it's one that typically comes with a refund that many families depended on. But this year that pain is coming with a big surprise. Rather than a refund, many are actually getting a tax bill instead. David Meyers speaks to Bloomberg tax reporter Ben Steverman on why this is happening despite the tax code overhaul that lowered rates for most Americans. FOLLOW UP Ben's latest report: Fear of Filing? Some Taxpayers Finding Tax Bills, Not Refunds You can follow Ben at: @BSteverman  ---- TicToc is a daily news podcast hosted by David Meyers (@davidfmeyers), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!