On December 5th, 2019 the IRS released the final version of the 2020 W-4 form

***iSolved and Efficient Forms has already built in the logic for the new W-4. The new form will be ready for on-boarding on Jan, 1 2020.

 Here are the major changes:

  • # of withholding's are now eliminated

  • New Marital Status-Head of Household

  • No more lines to fill in for claim exemption

As previously announced, existing employees will not be required to complete a new Form W-4 for 2020.Employers will continue to observe the withholding preferences and filing status pre- 2020 W-4.

Employees hired after January 1st 2020, are required to fill out the new form W-4.