A draft of the 2026 federal employee withholding certificate, including provisions from the One Big Beautiful Bill Act added to the form’s deductions worksheet, was released Aug. 21 by the Internal Revenue Service.
The draft 2026 Form W-4, Employee’s Withholding Certificate, includes a greatly expanded deductions worksheet for the form’s Step 4(b). Instead of starting with itemized deductions, the worksheet starts with deductions for tips and overtime pay introduced by the One Big Beautiful Bill Act. It also includes specific lines for deductions for new car loan interest, for individuals at least age 65, and for itemized deductions such ...
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