Final Form W-4 released for 2020

Tax Hot Topics newsletterThe IRS released the final version of Form W-4 for 2020 implementing changes to employment tax withholding after the Tax Cuts and Jobs Act (TCJA) repealed the personal exemption for individuals. It updates the second draft of the Form W-4 released in August 2019 by clarifying the form’s instructions pertaining to withholding adjustments for households with multiple jobs and information privacy for employees.

The final version of Form W-4 is effective on Jan. 1, 2020. Employees hired after 2019 will be required to use the new Form W-4. To facilitate the transition, the same set of IRS withholding tables will be used for current Forms W-4 and the new Form W-4 effective in 2020.

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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