New W-4 for 2020

The IRS updated the Form W-4 with significant revisions designed to make accurate income-tax withholding easier for employees in 2020. For your convenience, we have attached the new Form W-4. Additionally, to help employers navigate this change, we have compiled a list of the top five (5) changes employers should know about the new 2020 Form W-4:

  1. Current employees do not need to submit a new Form W-4 to their employers due to the redesign.
  2. All new employees hired as of January 1, 2020 must complete the new Form W-4.
  3. Current employees who would like to adjust their withholdings must use the new Form W-4. 
  4. Employees may need more time to complete the new Form W-4 than they did to complete the previous versions. Employers should allow employees to take the new Form W-4 home rather than complete it on their first day.  Employees can use the IRS Tax Withholding Estimator, a tool found on the IRS website, to help them complete the new Form W-4.
  5. Since Employers are not required to have existing employees complete the new Form W-4, Employers will need to program their payroll system to accommodate the existing withholding calculation, as well as the new method.

If you have any questions regarding the revised Form W-4, or any other HR needs, call HR Partners at 785-233-7860.

What our clients say...

Kansas Medical Clinic

Michelle Meier
Administrator
Kansas Medical Clinic

"Kristina has built an exceptional company with some of the most proactive professionals I've seen in a long time.

We hired her with a human resources 911 issue and were in much better shape within two weeks! She is also great as a speaker and motivator for your staff."