Page 13 - Tax reforms - Individuals
P. 13

Withholding tables (5/5)







              New withholding tables reflect changes in tax rates and tax brackets, the

              increased standard deduction and the repeal of personal exemptions,

              among other things.

              The new withholding tables are designed to work with the Forms W-4

              that workers have already filed with their employers to claim

              withholding allowances. This will minimize burden on taxpayers and

              employers. Employees do not have to do anything at this time.





















                  Step 1                      Step 2                      Step 3                      Step 4

                  Check new withholding       Review Form W-4
                  tables                                                  Modify Form W-4 and
                                                                          submit changes for new      Minimizes burden on taxpayers and
                                                                          tax withholding             employers.

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