The IRS released an updated W-4 (Federal Withholdings) form in 2020. There are significant changes to the form including the discontinuance of allowances. Employees are encouraged to review Federal and State tax withholdings periodically.
Both Federal and State withholdings can be updated in IC HR Cloud. From the Pay App, click Tax Withholding. Both your Federal and State withholdings will be listed. Use the pencil icon to the right to make changes. Please note that IC HR Cloud has been updated to reflect the new 2020 W-4 form.
The IRS also provides a Tax Withholding Estimator tool to help employees complete this form.