IRS to Delay Form W-4 Changes Until 2020

Chris Gaetano
Published Date:
Sep 21, 2018

The IRS, in response to critiques on its proposed new Form W-4, has announced that it will delay changes to the form until 2020.

"Following feedback from the payroll and tax communities, the Treasury Department and the IRS will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020,"  said the IRS statement. "The 2019 version of the Form W-4 will be similar to the current 2018 version. A new draft version of the W-4 for 2019 will be available in the coming weeks. The IRS will continue working closely with the payroll and the tax community as it makes additional changes to the Form W-4 for use in 2020. The new version will help employees improve withholding accuracy, and fully reflect changes included in the Tax Cuts and Jobs Act."

The IRS had previously proposed a new Form W4 that asks for most of the same information as the current version—but also for nonwage income, such as interest or dividends; itemized deductions; tax credits; and income from other, lower-paying jobs. This idea was met with heavy criticism from stakeholders, including those in the NYSSCPA. Members said that the new proposed form represented an unreasonable invasion of privacy for employees as well as an undue burden on employers, and so, overall, found little to like about the potential changes. 

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