2019 W-4 Proposed Changes

Changes could possibly be coming to your 2019 W-4 - Employee’s Withholding Allowance Certificate. The IRS issued a draft W-4 form in June that changes the information captured on the form. If the form were to be finalized as drafted, employees would no longer enter in their number of allowances; instead, they would enter in dollar amounts to more closely mimic the tax calculation. The IRS is currently seeking employer comments on this www.regulations.gov page with a deadline of September 18, 2018. Escape Technology is closely monitoring and planning for the any changes and will post upcoming plans on the Regulatory Changes page of our website. 

 IRS draft of the W-4 form for 2019.

IRS draft of the W-4 form for 2019.