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October 13, 2020

Employees Encouraged to Conduct Federal, State Paycheck Checkups

Human Resources reminds employees that the Internal Revenue Service encourages all taxpayers to check their current withholdings, by doing a Paycheck Checkup. Taxpayers can use the Federal Tax Withholding Estimator to help identify estimated tax owed for 2020. This will help taxpayers determine, if a withholding change is necessary, for the last quarter of 2020.

The Missouri Department of Revenue also provides a withholding calculator, to assist in tax planning.

To make changes, at any time, to Federal or Missouri withholdings, complete a new W-4 form and send to Human Resources, MS3150.

For more information, contact Human Resources at (573) 651-2206.