2020 New W-4 Form


2020 Form W-4

Employees are NOT required to supply a new for W-4 if they have furnished a W-4 any year prior to 2020. However, anyone first paid after 2019 must use the redesigned 2020 form. If they fail to furnish the new form, they will be treated as a single filer with no other deductions.

The new 2020 Form W-4 replaces the old format with new, easier to answer questions. The new form does not include allowances, which allows for more simplicity and accuracy on withholding amounts.

The new form W-4 is broke down into 5 steps:

  1. Personal information (name, address, SSN, and filing status) – REQUIRED
  2. Information regarding a 2nd job or spouse’s job – not required
  3. Dependents – not required
  4. Other adjustments including other income or deductions – not required
  5. Signature – REQUIRED

As you can see only steps 1 and 5 are required, but steps 2-4 should be completed if applicable. Doing so will make your withholding more accurate.