How do I change my W-4 exemptions for 2019?

As 2018 comes to an end, many may be surprised by the changes that were put into place with the Tax Reform Bill for 2018.  While many saw an increase in take home pay, most did not review their federal withholding for 2018.

Some of the changes for 2018 included:

• adjustments to income tax brackets and marginal tax rates
• increase in the standard deduction for singles and married couples
• increase in the child tax credit for dependents under 17

Likewise, there will be some changes for 2019.  There will be an adjustment for income tax brackets to account for inflation.  The standard deduction will increase to $12,200 for single filers and to $24,400 for married couples filing joint.  Additionally, the penalty for not having health insurance has been removed.

The IRS offers a Withholding Calculator to help you plan appropriately for 2019:

IRS Withholding Calculator

Changes to your withholding can be made by submitting the 2019 W-4 form to the Treasurer's department:

2019 W-4 Form

Or log into your Amherst MUNIS Self Service website to make adjustments:

• Log into MUNIS Self Service located at MUNIS Self Service  with your username (5 digit employee number) and password.
• Click on the Pay/Tax Information link
• Click on W-4
• Click on Edit W-4 Values (located at the top right hand corner of the page)
• Make any changes to exemptions, click on continue, then submit.

The Treasurer's department will be notified of any changes made through MUNIS Self Service.  The changes will be acknowledged and typically applied within 5 business days.

Have more questions?  Contact me at christine_rider@amherstk12.org