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[Music] take our lead lets help you make your mark our goal is your satisfaction let us show you the way starting in 2020 income tax withholding is no longer based on an employees marital status and withholding allowances tied to the value of a personal exemption instead income tax withholding is generally based on the workers expected filing status and standard deduction for the year [Music] take our lead lets help you make your mark you do not have to fill out the new w-4 form if you already have one on file with your employer you also dont have to fill out a new w-4 every year if you change jobs or want to adjust your withholdings at your existing job though youll likely need to fill out the new w-4 [Music] take our lead on december 5th the irs issued the redesigned 2020 form w-4 employees withholding certificate the new form no longer uses withholding allowances instead there is a five-step process and new publication 15t federal income tax withholding methods for determining
