On November 12, the IRS released a draft of the 2027 Publication 15-T, Federal Income Tax Withholding Methods, with a worksheet that contains the tax tables. A final version of Publication 15-T is not available yet. In past years, the IRS has said the table data can be used for programming. There is no confirmation yet for this year.
To access the tables, download and save the PDF to a computer desktop. Click on Attachments in the saved PDF to open the Excel file, which can be saved separately.
To learn more about federal and state laws, regulations, and information to keep your company's payroll operations in compliance, check out Payroll Source Plus!
Jyme Mariani, Esq., is Director of Payroll Information Resources for PayrollOrg.