2020 W4 Overview | The New Paper W4 Explained

The 2020 W4 Overview will give you a closer glimpse of what you can expect from the form.

The new paper W4 has been explained in the video, but be sure to always refer back to the IRS Publication 505 for a deeper dive.

At the time of this recording the 2020 W-4 estimator calculator had not yet been updated, but we didn't what that to prevent you from getting an early heads up.

One of the main things you will notice about the 2020 W4 is that it no longer has allowances due to the no longer being a personal exemption. This can be detrimental to those who have little to no understanding of the form, but beneficial to those who do.

This 2020 W4 IRS form is fill with different reference points to aid you in getting the most out of the form itself, however, we are looking forward to the 2020 W4 calculator estimator.

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