State Tax Commission Unveils New State W-4 Form

 

Boise (670 KBOI News) – Despite all the warnings over the last year, many Idahoans are in for a surprise when they fill out their 2018 tax returns.

Renee Eymann with the Idaho State Tax Commission says, thanks to federal and state tax reforms, if you didn’t adjust your withholdings, you may have a bigger tax bill than you expected.

“The personal exemptions, and the dependent exemptions have been eliminated, they’ve increased the standard deduction, they’ve capped and eliminated itemized deductions, but they’ve also lowered the income tax rates,” Eymann explained.  “They’ve made things so different that you have to have a new way to calculate your withholding.”

Eymann says they and the IRS are trying to make sure that doesn’t happen again next year.  Both agencies are going to new, online W-4s that help you estimate your tax liability.

You can print off copies, fill them out, then give them to your company’s H-R department…to find those forms, click here.

There is no custom code to display.

Blogs

Guest Blog-District 18-Representative Ilana Rubel-Clean Slate

Guest Blog-District 18-Representative Ilana Rubel-Clean Slate

Idahoans Deserve a Second Chance Representative Ilana Rubel/(D-Boise) and Senator Dave Lent/(R-Idaho Falls) Our criminal justice system is intended to ensure there is an appropriate penalty associated with crime. We refer to this as paying one’s debt to society. However, under some of Idaho’s current laws, the payment never seems to stop. Our courts assign…

Guest Blog – District 8 Representative Dorothy Moon – Common Core

Guest Blog – District 8 Representative Dorothy Moon – Common Core

Idahoans won’t be ignored about Common Core Common Core is exactly what we thought it was. Try telling that to the Idaho State Board of Education, though. The board’s members won’t hear you . Idaho adopted Common Core standards earlier this decade in hopes that the latest federal education package would solve what ails Idaho…

Guest Blog – District 8 Senator Steve Thayn – Common Core

Guest Blog – District 8 Senator Steve Thayn – Common Core

I have been accused of being in favor of Common Core. This is incorrect. I am actively working to change and correct many of the underlying problems with Common Core and public education in general. First, let me list what I am opposed to: 1. I oppose the federalization of education and curriculum. 2. I…

Work is hard. I need less work and the same pay.

Work is hard. I need less work and the same pay.

Seriously, go to your supervisor and tell them that. Then, step back and watch their reaction. They’ll either: (A) Smile, laugh and think you’re joking (B) Stare at you blankly as if your brain fell out through your ear during the night…or (C) Fire you. Boise is growing folks. Our city is getting the right…