IRS boosts privacy protections for 2020 Form W-4

Tax Hot Topics newsletterThe IRS released a second early release draft of Form W-4 for 2020 on Aug. 8. The second iteration of the draft Form W-4 includes minor modifications, but is substantively similar to the initial 2020 draft released in May.

However, the IRS made certain changes to the Form W-4 instructions to explicitly address taxpayers’ privacy concerns when reporting Form W-4 information to their employers. For individuals who want to minimize the amount of personal information shared with their employers, the IRS provides several alternatives for completing the Form W-4 using the IRS’s new online Tax Withholding Estimator or the Form W-4’s underlying Multiple Jobs Worksheet.

The IRS indicated that it is providing the second draft now so that programming of payroll systems can begin. In this regard, the IRS noted that, although the final Form W-4 will not be posted for a few months (targeting late fall), there will be no further substantive changes.

Comments on the revised Form W-4 are due by Sept. 9, 2019.

Jeff Martin
Washington National Tax Office
T +1 202 521 1526

Keith Mong
Managing Director
Washington National Tax Office
T +1 202 521 1554

James Sanchez
Senior Associate
Washington National Tax Office
T +1 202 861 4107

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