Are employers required to report the information that employees claim on their Form W-4 to the ibet?
Answer:
No, employers aren’t required to report any information that employees claim on their Form W-4, Employee's Withholding Certificate to the ibet. However, Forms W-4 are still subject to review. Employers may be directed (in a written notice or in future published guidance) to send certain Forms W-4 to the ibet. The ibet will also continue to review employee withholding compliance. The ibet may send you a letter (commonly called a lock-in-letter) specifying the withholding rate and adjustments to use to calculate the amount of tax to withhold from wages paid to a specific employee.