Release Date Pushed Back for 2nd Draft of 2020 Withholding Form

A revised draft of the 2020 Form W-4 is to be released by the Internal Revenue Service by the end of the summer, an agency official said Aug. 1.

The second draft of the withholding form initially was expected to be released by July 31. However, the agency still is reviewing comments submitted regarding changes to Form W-4, Employee’s Withholding Allowance Certificate, the official said during the agency’s monthly payroll industry teleconference.

The revised draft of Form W-4 is not to be substantially different from the first draft, which was released May 30, the official said. The form is ...