W-4 Form 2026 Complete Guide: How Tips, Overtime & the $2,200 Child Tax Credit Change Your Paycheck This Year
The 2026 W-4 is the biggest update in years — and millions of tips and overtime workers are still overpaying federal taxes on every paycheck because they haven’t filed it yet. New deductions for qualified tips (up to $25,000) and overtime ($12,500), plus the $2,200 Child Tax Credit, can increase your take-home pay starting this month.
