Insights
Benefits Bulletin
IRS Federal Tax Withholding Calculator
March 22, 2018
Payroll Department
The IRS has released a 2018 Federal Tax Withholding Calculator. It is especially important for employees to use the calculator this year to help determine the effect of the tax law changes on the amount of federal tax you need to have withheld for 2018. It is the employee’s responsibility to calculate the proper federal and state tax withholding.
Many of the tax law changes won’t be visible to you until you file your 2018 tax return in early 2019. Be prepared and avoid surprises.
A link to the IRS Calculator and IRS FAQs, along with instructions on what documents you’ll need can be found by clicking here, or by going to the Payroll page of the PH Portal.