The IRS redesigned Form W-4, Employee’s Withholding Certificate, effective January 1, 2020. The new form eliminates withholding allowances and helps employees determine a more accurate federal tax withholding.
All employees hired after 2019 must complete the new form. Employees who submitted a Form W-4 prior to 2020 are encouraged but not required to submit a new form. If you do not complete a new Form W-4, withholding will continue based on your previously submitted form.
What is different about the 2020 Form W-4?
- Eliminates all allowances for purposes of calculating tax withholding
- Introduces a new section for multiple jobs and spouse’s employment
- Includes a checkbox for head of household filing status
Why should I review my current Form W-4?
It is important to review your Form W-4 if your personal status changes anytime throughout the year or if you had an unexpected outcome when you filed your most recent income tax return. You may want to consult with your individual tax consultant regarding your federal withholding and the impact it has on your personal income tax status.
To change your Form W-4:
To adjust the amount of your federal tax withholding for 2020, you will need to submit an updated Form W-4 via My UI Info.
For additional information see the IRS Tax Withholding Estimator.
For payroll related questions, contact your local UPB Customer Service Center at:
The University of Illinois System cannot provide tax advice to employees, you should consult with a legal, financial, or tax professional for assistance with your individual circumstances.