IRS has finalized the withholding tables Payroll will need in 2023. Whether you have old or new Forms W-4 on file for employees, you can get ready for next year.

As you know, IRS did a major overhaul of the W-4 in 2020. While some employees haven’t turned in new forms since then, the 2023 withholding tables account for that.

All the information is laid out in Publication 15-T, Federal Income Tax Withholding, where you’ll find seven withholding methods:

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