CatinaT1
Expert Alumni

Get your taxes done using TurboTax

As part of the Tax Cuts and Jobs Act, the IRS and Treasury adjusted the tax withholding tables, which affects the amount of income taxes withheld from your pay.  For 2020, W4's have been completely redesigned.  Exemptions or Allowances are no longer applicable. 

 

My suggestion is to use the IRS Tax Withholding Estimator here

 

FAQs on the 2020 Form W4.

 

 

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