January 18, 2018

Time to review W-4 forms

It is time for employees to review their current Form W-4 (Employees Withholding Allowance Certificate) status for preferred changes in filing status needed for tax year 2018. 

In mid-February of each year, everyone with EXEMPT status will see the status expire, and IRS regulations require withholdings to be single and 0 if the exempt status is not renewed.  Employees may refile as EXEMPT via HRSS or by using a W-4 Withholding Allowance form. The deadline for filing the form is Feb. 1, 2018.  All forms should be submitted to Human Resources, Mailcode 6520.