New W4 forms for 2020


Earlier this year, the IRS released a draft of the new Federal Income Tax Withholding Methods (Publication 15-T). The draft included: An Employer’s Withholding Worksheet, which allows employers to calculate 2020 withholding using either previously completed Forms W-4 or the newly designed draft form Percentage Method Tables Wage Bracket Method Tables, which include three filing statuses: single, married… Read more »