Explore the differences between the new W-4 vs the old W-4 form. Learn how the 2020 changes affected federal income tax withholding and get step-by-step instructions on how to accurately complete and update the new W-4 form for your financial situation.
In 2020, what was changed in the Federal W-4? The IRS redesigned the Federal W-4 form in 2020 that eliminated withholding allowances and made it easier for employee withholding to match your tax liability. Employees are currently not required to update their W4 on file if it’s in the ...
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