IRS Notice 1036 - New 2018 Withholding Tables

The Internal Revenue Service (IRS) released copies of the 2018 percentage method tables for income tax withholding which reflect the new tax law. The withholding tables are used by payroll professionals to determine how much tax they need to withhold from each employee’s paychecks based off of their wage, marital status, and also the number of withholding allowances.

The IRS has instructed employers to use the 2018 withholding tables as soon as possible, but no later than February, 15, 2018.

For more information on the IRS Notice 1036, click HERE.