EPY: New Instructions for W-4 Form 2020
(Doc ID 2641455.1)
Last updated on MARCH 17, 2020
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
The current delivered text for FED SPEC INST is:
You must complete Form W-4 so the Payroll Department can calculate the correct amount of tax to withhold from your pay. Federal income tax is withheld from your wages based on marital status and the number of allowances
claimed on this form. You may also specify that an additional dollar amount be withheld. You can file a new Form W-4 anytime your tax situation changes and you choose to have more, or less, tax withheld.
Since allowances are no longer used for withholding, will Oracle be delivering new text?
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