Withholding Change
To submit a change to your withholdings please complete the Employee Action Request form:
Employee Action Request Form Adobe Sign
To submit a change to your withholdings please complete the Employee Action Request form:
Employee Action Request Form Adobe Sign
Field Name | Value |
Higher Withholding Indicator (HW). | N (NO), Y (YES) |
Dependent Amount (DEP AMT) | Numeric, whole number. |
Other Income (OTH INCOME) | Numeric, decimal allowed, 8 digits (999999.99). |
Deductions (DEDUCTIONS) | Numeric, decimal allowed, 8 digits (999999.99). |
No. Effective 12/01/2020 employees cannot claim exemptions/allowance for Federal withholding. See IRS Publication 15-T, and 2020 W-4 FAQs https://www.irs.gov/newsroom/faqs-on-the-2020-form-w-4.
Essentially, the tax tables divide the standard deduction and tax brackets equally between two jobs, so that tax rates apply at roughly half of the income threshold that normally applies.
For example, for the Married Filing Jointly status, the 24% rate normally applies for wages over roughly $180,000, but if the HW shows “Y”, the 24% rate applies to wages over about $96,000. Refer to IRS Publication 15-T for more information.