New Income Tax Withholding Tables Now Available
Notice Available for Download
The Internal Revenue Service (IRS) has released Notice 1036, Early Release Copies of the Yearly Percentage Method Tables for Income Tax Withholding. Highlights of the notice include the following:
- Early release copies of the percentage method tables for income tax withholding that will appear in Publication 15 (Circular E), Employer’s Tax Guide
- Withholding adjustments for nonresident aliens
- Social Security and Medicare tax rates for 2017
- Additional Medicare tax withholding
- Withholding on supplemental wages
Click here to read IRS Notice 1036. For the latest information about developments related to Notice 1036, such as legislation enacted after it was published, go to www.irs.gov/notice1036.
