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 Form W-4 “in the coming weeks” [IRS Statement on Form W-4, 9-20-18].
The IRS decided to delay the changes to the 2019 Form W-4 “following feedback from the payroll and tax communities.” The APA submitted detailed comments to the IRS on the preliminary draft 2019 Form W-4. The IRS also said that it will continue to work closely with these communities as it continues to develop the Form W-4 for use in 2020. The 2020 version will “fully reflect” tax law changes made by the Tax Cuts and Jobs Act (TCJA; Pub. L. 115-97), and is intended to help employees improve the accuracy of their federal income tax withholding.
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