The Form W-4, “Employee’s
Withholding Allowance Certificate” does not provide
for a choice between dollar amount and percentage increase
on line 6 under the heading “Additional Withholding”.
Proposal:
1) Change line 6 on the
W-4 form to indicate that additional withholding can
be expressed in dollar amounts or as a percentage of
the paycheck.
(2) Change appropriate instruction sheet/page and
related publications including Treasury/Internal Revenue
Service (IRS) Regulations regarding W-4.
Response
Notes:
Margie Kinney from the Office
of Taxpayer Burden requested that this proposal be part
of the W-4 Form project undertaken by the combined committees
of Areas 3, 4, and Payroll.