Form W-4, Employee’s Withholding Certificate 2018

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About Form W-4, Employee’s Withholding Certificate

Complete Form W-4 so that your employer can withhold the correct federal income tax from your pay. Consider completing a new Form W-4 each year and when your personal or financial situation changes.

If you are switching jobs, you’ll soon find out that the W-4 form that every employee has to fill out in order to determine the amount of taxes that are withheld from each paycheck has changed. The Internal Revenue Service (IRS) says it has revised the form in order to increase its transparency and the accuracy of the payroll withholding system.1

Luckily, if you’re not changing jobs and have no reason to redo your W-4, you don’t have to fill out a new one. Your employer can continue to use the one you have on file.1

The new W-4 does not ask employees to indicate personal exemptions or dependency exemptions, which are no longer relevant. It does ask how many dependents you can claim. It also asks whether you wish to increase or decrease your withholding amount based on certain factors like a second job or your eligibility for itemized deductions

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