Monday, July 27, 2020

Should You Modify Your Federal Income Tax Withholding? Check Out the Tax Withholding Estimator

Effective Jan. 1, 2020, the IRS issued a new W-4 form, also known as the Employee's Withholding Certificate. New Heartland AEA staff, and any other staff wanting to modify their federal income tax withholding, need to complete the new form.  

To assist in determining how much federal income tax to be withheld, the IRS has issued a Tax Withholding Estimator. Please consider using this tool when completing your W-4 form. 

No comments:

Post a Comment