From jason.m.stanley at state.or.us Tue Dec 24 09:12:10 2019 From: jason.m.stanley at state.or.us (Jason Stanley) Date: Tue, 24 Dec 2019 17:12:10 +0000 Subject: [OSSSA218] 2020 W-4 withholding Message-ID: <86df526531df466dabe9457378a57925@v-exchdb01.a4590.pers.state.or.us> The IRS has changed their W-4 withholding form starting Jan 1 2020, therefore Oregon has to make changes to the process for the W-4. Below are the changes that people need to know. 1. Employees need to fill out an Oregon Form OR-W-4 for changes to Oregon withholding after 1/1/2020. The default withholding rate of 8 percent will be required in certain situations when a taxpayer provides their employer a federal Form W-4 after 1/1/2020 and does not have an Oregon Form OR-W-4 on file. 2. Withholding exemption claim expires February 15 of the year following the exemption election and the individual must provide a new exemption certificate to claim an exemption from withholding for any subsequent tax year. Please see ORS 150-316-0234, 150-316-0237 and 150-316-0257 if you want to see the rules. If you have any questions please email chris.cox at oregon.gov or call 503-509-5188. Thank you Chris Cox. Jason Jason Stanley, CPA, CFE Chief Compliance, Audit, and Risk Officer Oregon Public Employees Retirement System (503) 603-7504 -------------- next part -------------- An HTML attachment was scrubbed... URL: