The IRS has released Notice 1036, Early Release Copies of the 2019 Percentage Method Tables for Income Tax Withholding as well as the final version of the 2019 form W4 Employee’s Withholding Allowance Certificate.

 

The exemption allowances have only slightly increased (see table below) while the supplemental withholding rate remains at 22% for supplemental wages up to and including $1 million during the calendar year and 37% for supplemental wages over $1 million during the calendar year.

 

Withholding Exemptions:

 

The W4 is largely unchanged from the 2018 version.  The IRS has added language clarifying that employees should take into account nonwage income “not subject to withholding” in using the various worksheets attached to the form and a reminder that the child tax credit may be claimed only for children who have a valid social security number.

 

 

A copy of the 2019 form can be found here: https://www.irs.gov/pub/irs-pdf/fw4.pdf

 

 

Thank you for choosing Paylocity as your Payroll Tax and Human Capital management partner.

 

 

This information is provided as a courtesy, may change and is not intended as legal or tax guidance. Employers with questions or concerns outside the scope of a Payroll Service Provider are encouraged to seek the advice of a qualified CPA, Tax Attorney or Advisor.