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Level 1

Question

Using the new W4

1 reply
25 views

I am used to the old W4, how do I make adjustments to the new W4 in the same way I did with the old form?

Ask the Experts - W-4 - May 2023

Level 3

Hi talleyad,

there are several reasons why updating your W-4 is a good idea. The older version relied on calculating a number of allowances that were then used to calculate your withholding amount. The new version relies on a withholding rate based on a withholding table and not on allowances.

You can use our W-4 calculator tool to calculate your W-4 numbers. Then you can print out a blank W-4 to give to your employer.

To learn more about the new W-4 you can follow this link.