The Internal Revenue Service released a new Federal Form W-4 Employee Withholding Allowance Certificate (federal W-4 form) effective January 1, 2020, and the 2020 form is very different from previous versions. The IRS is not requiring all employees to complete the new form, but certain employees will be required to use the new form: those hired in 2020 and anyone who makes federal tax withholding changes after January 1, 2020.
The Payroll Office announced the update to ConnectCarolina Self Service on January 13, 2020 and recently responded to employee questions in a March 12 email. Go to the Finance website to read the email that addresses the following topics:
- How to View your current W-4 settings
- How to Adjust your W-4 “extra withholding” amount in Step 4C for 2020
- How to Update your 2020 W-4 “Step 3: Claim Dependents” section
- Assistance with completing the 2020 federal W-4 form