IRS Issues 2020 Form W-4

pen on form with W-4 in bold

On December 5, the IRS issued the redesigned 2020 Form W-4 (Employee Withholding Certificate). The new form has replaced withholding allowances with a five-step process for determining employee withholding.

Time for employees to review W-4 forms

pen on form with W-4 in bold

It is time for employees to review their current Form W-4 status for preferred changes in filing status and/or number of allowances needed for tax year 2020.

2018 exempt Form W-4

To continue to be exempt from withholding for 2019, you must provide a new Form W-4 by February 15, 2019.

Don’t be left in the cold on payday

Employees who receive a “hard copy” payroll check should make arrangements to pick up their checks by the close of business Friday, December 21, 2018 at the University Payroll Office located in College Place Uptown, Suite E.  As usual, a photo ID and signature is required for pickup.