Tax Withholding Allowance Phase-Out to Start in 2020, IRS Says

Employees are not to be required to submit the revised 2020 Form W-4 unless workers modify withholding amounts after 2019, an Internal Revenue Service official said May 2.

Revised withholding methods are expected to be compatible with versions of Form W-4, Employee’s Withholding Allowance Certificate, issued before 2020, so older versions of the form may be able to remain on file, said Scott Mezistrano, IRS representative for industry stakeholder engagement and outreach.

The IRS does not have the legislative authority to require employees to file a new W-4, Mezistrano said during the agency’s monthly payroll industry teleconference. The revised form ...