Welcome

IRS Issues Draft of 2022 Supplemental Tax Guide

Jan. 14, 2022, 9:32 PM

A draft of the 2022 supplemental tax guide for employers was released Jan. 13 by the Internal Revenue Service.

The 28-page draft Publication 15-A, “Employer’s Supplemental Tax Guide,” includes information about the redesigned Form W-4P, Withholding Certificate for Periodic Pension or Annuity Payments. The updated form is effective for 2022, but the 2021 version of the form may be used until the revised version is required in 2023.

Form W-4P no longer is to be used to request withholding on nonperiodic payments or eligible rollover distributions, the publication said. Such requests are to be filed with the new ...

To read the full article log in.

Learn more about a Bloomberg Law Subscription.