IRS Delays Form W-4 Revisions

On September 20, the IRS announced it will delay major revisions to Form W-4, Employee’s Withholding Allowance Certificate, until the 2020 version.  The 2019 form will be similar to the 2018 version.  The IRS hopes to release a new draft version of the 2019 W-4 soon.

The IRS decided to delay the changes to the 2019 Form W-4 following feedback from payroll and tax professionals.

In July, the American Payroll Association submitted detailed comments to the IRS on the preliminary W-4 draft.  The IRS stated that it will continue to work with payroll and tax communities to develop the W-4 Form for 2020.  The 2020 version will fully reflect tax law changes made by the Tax Cuts and Jobs Act and is intended to help employees improve the accuracy of their federal income tax withholding.

-Source:  American Payroll Association