Special edition e-News for Payroll Professionals - First draft of Pub 15-T - Review and comment
Internal Revenue Service (IRS) sent this bulletin at 06/11/2019 11:53 AM EDT
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Issue Number: 2019-05Draft Pub 15-T, Federal Income Tax Withholding Methods, available for review; comments due by July 8 On June 7 the IRS posted a special early draft of the Publication 15-T, Federal Income Tax Withholding Methods for use in 2020. Publication 15-T will contain all the federal income tax withholding tables. This draft has been released to provide employers with the computation of withholding to be made under the Percentage Method and Wage Bracket Method tables using both the new 2020 Form W-4 and the Forms W-4 from before 2020. The IRS is providing this draft for your information, review, and feedback. Submit comments by July 8, 2019 to be considered timely. The IRS cannot respond to all comments due to the high volume of responses received. See IRS.gov/Pub15T for the latest information on the employer instructions. Also find the latest information on the Form W-4 at IRS.gov/W4. Thank you for subscribing to e-News for Payroll Professionals an IRS e-mail service. This message was distributed automatically from the mailing list e-News for Payroll Providers. Please Do Not Reply To This Message To subscribe to or unsubscribe from another list, please go to the e-News Subscriptions page on the IRS Web site. |