Notice
2018-14: 1) extends the effective period of Forms W-4 furnished to claim
exemption from income tax withholding under § 3402(n) for 2017 until February
28, 2018 and temporarily permits employees to claim exemption from withholding
under § 3402(n) for 2018 by using 2017 Form W-4, (2) suspends the requirement
that employees must furnish their employers new Forms W-4 within 10 days of
changes of status resulting in fewer withholding allowances, (3) provides that
the optional withholding rate on supplemental wage payments is 22% for taxable
years 2018 through 2025, and (4) provides that, for 2018, withholding on
annuities or similar periodic payments where no withholding certificate is in
effect is based on treating the payee as a married individual claiming three
withholding allowances under § 3405(a)(4).
Notice 2018-14 will be in IRB 2018-07, dated 02/12/2018.
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