{"id":14929,"date":"2018-03-01T15:49:29","date_gmt":"2018-03-01T20:49:29","guid":{"rendered":"https:\/\/gtm.com\/household\/?p=14929"},"modified":"2020-02-11T10:39:14","modified_gmt":"2020-02-11T15:39:14","slug":"irs-releases-updated-w-4-withholding-calculator","status":"publish","type":"post","link":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/","title":{"rendered":"Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings"},"content":{"rendered":"<div id=\"attachment_14930\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-14930\" class=\"wp-image-14930 size-large\" src=\"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg\" alt=\"The IRS has released an updated W-4 and withholding calculator.\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg 1024w, https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-300x200.jpg 300w, https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1080x720.jpg 1080w, https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-14930\" class=\"wp-caption-text\">Your employee should review their income tax withholdings and submit an updated W-4 form if necessary.<\/p><\/div>\n<p>The Internal Revenue Service released an updated <a href=\"https:\/\/www.irs.gov\/individuals\/irs-withholding-calculator\" target=\"_blank\" rel=\"noopener noreferrer\">withholding calculator<\/a> and an <a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-w4\" target=\"_blank\" rel=\"noopener noreferrer\">updated W-4 form<\/a> to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December.<\/p>\n<p>If you withhold income taxes from your domestic employee&#8217;s pay, encourage them to use the calculator and updated W-4 form to make sure they have the right amount of tax taken out of their paychecks.<\/p>\n<p>The <a href=\"https:\/\/gtm.com\/household\/tax-reform-may-impact-family\/\">Tax Cuts and Jobs Act made significant changes<\/a> to the tax law, by:<\/p>\n<ul>\n<li>Increasing the standard deduction<\/li>\n<li>Removing personal exemptions<\/li>\n<li>Increasing the child tax credit<\/li>\n<li>Limiting or discontinuing certain deductions<\/li>\n<li>Changing the tax rates and brackets.<\/li>\n<\/ul>\n<p>The withholding calculator will give your employee the information they need to fill out an updated W-4. They should provide you with the completed W-4.<\/p>\n<p>The withholding changes do not affect 2017 tax returns due this April. However, having a completed 2017 tax return can help your employee work with the withholding\u00a0calculator to determine their proper withholding for 2018 and avoid issues when they file next year.<\/p>\n<p>For GTM clients, if your employee updates their Form W-4:<\/p>\n<ul>\n<li>Review the updated W-4<\/li>\n<li>Update the employee&#8217;s information in your client portal<\/li>\n<li>Keep the updated W-4 in your employee&#8217;s file<\/li>\n<li>Call (800) 929-9213, email <a href=\"mailto:CustomerService@GTM.com\">CustomerService@GTM.com<\/a>, or use our website&#8217;s live chat for any questions or assistance<\/li>\n<\/ul>\n<p>We&#8217;ll take care of the rest and ensure the proper amount of withholding is made.<\/p>\n<p>Don&#8217;t want to deal with the hassles of changing tax laws and the worries of getting it right? Call GTM at (800) 929-9213 for a complimentary, no-obligation consultation about your situation and let us show you how we provide peace of mind and more time for the things you enjoy in life.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you withhold income taxes from your domestic employee&#8217;s pay, encourage them to use the IRS&#8217; withholding calculator and updated W-4 form to make sure they have the right amount of tax taken out of their paychecks.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[75,168],"tags":[185,38,186,174],"class_list":["post-14929","post","type-post","status-publish","format-standard","hentry","category-household-payroll-taxes","category-tax-reform","tag-income-tax","tag-irs","tag-tax-reform","tag-w-4"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IRS Releases Updated W-4 and Withholding Calculator<\/title>\n<meta name=\"description\" content=\"Encourage your household employee to use the IRS&#039; withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRS Releases Updated W-4 and Withholding Calculator\" \/>\n<meta property=\"og:description\" content=\"Encourage your household employee to use the IRS&#039; withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/\" \/>\n<meta property=\"og:site_name\" content=\"GTM Household\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-01T20:49:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-11T15:39:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg\" \/>\n<meta name=\"author\" content=\"Trevor Sparks\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trevor Sparks\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/\"},\"author\":{\"name\":\"Trevor Sparks\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/person\\\/d573c6d17254ed345cc6b69ea4dfbff0\"},\"headline\":\"Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings\",\"datePublished\":\"2018-03-01T20:49:29+00:00\",\"dateModified\":\"2020-02-11T15:39:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/\"},\"wordCount\":323,\"publisher\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/updated-w4-withholding-calculator-1024x683.jpg\",\"keywords\":[\"income tax\",\"IRS\",\"tax reform\",\"W-4\"],\"articleSection\":[\"Household Payroll &amp; Taxes\",\"Tax Reform\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/\",\"name\":\"IRS Releases Updated W-4 and Withholding Calculator\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/updated-w4-withholding-calculator-1024x683.jpg\",\"datePublished\":\"2018-03-01T20:49:29+00:00\",\"dateModified\":\"2020-02-11T15:39:14+00:00\",\"description\":\"Encourage your household employee to use the IRS' withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#primaryimage\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/updated-w4-withholding-calculator.jpg\",\"contentUrl\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/updated-w4-withholding-calculator.jpg\",\"width\":2048,\"height\":1365},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/irs-releases-updated-w-4-withholding-calculator\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/gtm.com\\\/household\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#website\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/\",\"name\":\"GTM Household\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/gtm.com\\\/household\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#organization\",\"name\":\"GTM Payroll Services\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/gtm-logo-2.png\",\"contentUrl\":\"https:\\\/\\\/gtm.com\\\/household\\\/wp-content\\\/uploads\\\/gtm-logo-2.png\",\"width\":193,\"height\":92,\"caption\":\"GTM Payroll Services\"},\"image\":{\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/gtm.com\\\/household\\\/#\\\/schema\\\/person\\\/d573c6d17254ed345cc6b69ea4dfbff0\",\"name\":\"Trevor Sparks\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g\",\"caption\":\"Trevor Sparks\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IRS Releases Updated W-4 and Withholding Calculator","description":"Encourage your household employee to use the IRS' withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/","og_locale":"en_US","og_type":"article","og_title":"IRS Releases Updated W-4 and Withholding Calculator","og_description":"Encourage your household employee to use the IRS' withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.","og_url":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/","og_site_name":"GTM Household","article_published_time":"2018-03-01T20:49:29+00:00","article_modified_time":"2020-02-11T15:39:14+00:00","og_image":[{"url":"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg","type":"","width":"","height":""}],"author":"Trevor Sparks","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Trevor Sparks","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#article","isPartOf":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/"},"author":{"name":"Trevor Sparks","@id":"https:\/\/gtm.com\/household\/#\/schema\/person\/d573c6d17254ed345cc6b69ea4dfbff0"},"headline":"Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings","datePublished":"2018-03-01T20:49:29+00:00","dateModified":"2020-02-11T15:39:14+00:00","mainEntityOfPage":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/"},"wordCount":323,"publisher":{"@id":"https:\/\/gtm.com\/household\/#organization"},"image":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#primaryimage"},"thumbnailUrl":"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg","keywords":["income tax","IRS","tax reform","W-4"],"articleSection":["Household Payroll &amp; Taxes","Tax Reform"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/","url":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/","name":"IRS Releases Updated W-4 and Withholding Calculator","isPartOf":{"@id":"https:\/\/gtm.com\/household\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#primaryimage"},"image":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#primaryimage"},"thumbnailUrl":"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator-1024x683.jpg","datePublished":"2018-03-01T20:49:29+00:00","dateModified":"2020-02-11T15:39:14+00:00","description":"Encourage your household employee to use the IRS' withholding calculator and updated W-4 form to ensure the right amount of tax is taken out of their pay.","breadcrumb":{"@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#primaryimage","url":"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator.jpg","contentUrl":"https:\/\/gtm.com\/household\/wp-content\/uploads\/updated-w4-withholding-calculator.jpg","width":2048,"height":1365},{"@type":"BreadcrumbList","@id":"https:\/\/gtm.com\/household\/irs-releases-updated-w-4-withholding-calculator\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtm.com\/household\/"},{"@type":"ListItem","position":2,"name":"Updated W-4 and Withholding Calculator Will Help Employees with Accurate Tax Withholdings"}]},{"@type":"WebSite","@id":"https:\/\/gtm.com\/household\/#website","url":"https:\/\/gtm.com\/household\/","name":"GTM Household","description":"","publisher":{"@id":"https:\/\/gtm.com\/household\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtm.com\/household\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gtm.com\/household\/#organization","name":"GTM Payroll Services","url":"https:\/\/gtm.com\/household\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gtm.com\/household\/#\/schema\/logo\/image\/","url":"https:\/\/gtm.com\/household\/wp-content\/uploads\/gtm-logo-2.png","contentUrl":"https:\/\/gtm.com\/household\/wp-content\/uploads\/gtm-logo-2.png","width":193,"height":92,"caption":"GTM Payroll Services"},"image":{"@id":"https:\/\/gtm.com\/household\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/gtm.com\/household\/#\/schema\/person\/d573c6d17254ed345cc6b69ea4dfbff0","name":"Trevor Sparks","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d11d092ace23bcb8c5149eadd8b49d154e7a8114ca009bfe6cf574517bbf241a?s=96&d=mm&r=g","caption":"Trevor Sparks"}}]}},"_links":{"self":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/14929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/comments?post=14929"}],"version-history":[{"count":4,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/14929\/revisions"}],"predecessor-version":[{"id":21983,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/posts\/14929\/revisions\/21983"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/media?parent=14929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/categories?post=14929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm.com\/household\/wp-json\/wp\/v2\/tags?post=14929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}