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T H E C O M M O N W E A LT H O F M A S S A C H U S E T T S State Board of Retirement ONE WINTER STREET, 8TH FL, BOSTON, MA 02108 RETIREE IS WITHHOLDING PREFERENCE CERTIFICATE: W?4P TAX FORM If a W-4P
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How to fill out w-4p tax form

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How to fill out the w-4p tax form:

01
Gather personal information: Start by entering your name, social security number, and address correctly on the form. Make sure all the information is accurate and up-to-date.
02
Determine your filing status: Indicate your marital status on the form, whether you're single, married filing jointly, or married filing separately. This information helps determine the amount of tax to be withheld from your pension or annuity.
03
Claim exemptions: The w-4p form allows you to claim exemptions. If you qualify for any exemptions, indicate them on the form. This will help adjust the amount of federal income tax withheld from your pension or annuity.
04
Additional withholding: If you have any additional income that isn't subject to withholding, such as self-employment income, or if you anticipate owing additional taxes, you can request to have additional amounts withheld from your pension or annuity by indicating it on the form.
05
Review and sign the form: Double-check all the information you have provided on the form to ensure its accuracy. Once you are sure everything is correct, sign and date the form. Remember, signing the form certifies that the information you have provided is true and accurate to the best of your knowledge.

Who needs the w-4p tax form:

01
Retirees receiving a pension: If you're receiving a pension, you will likely need to fill out the w-4p tax form. This form allows you to specify the amount of federal income tax to be withheld from your pension payments.
02
Annuity recipients: Individuals receiving annuity payments are also required to complete the w-4p tax form. This form helps determine the appropriate amount of federal income tax to be withheld from your annuity income.
03
Those with other sources of income: If you have additional income outside of your pension or annuity, such as rental income or self-employment income, you may need to fill out the w-4p form to adjust the withholding from these additional income sources.
Remember, it's important to consult with a tax professional or refer to the IRS guidelines specific to your situation to ensure accurate completion of the w-4p tax form.
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The W-4P tax form is used for federal income tax withholding from pensions and annuities.
Individuals receiving pensions or annuities are required to file a W-4P tax form.
To fill out a W-4P tax form, you need to provide personal information, total allowances, and any additional withholding amounts.
The purpose of the W-4P tax form is to determine the amount of federal income tax to withhold from pension or annuity payments.
Information such as name, address, social security number, filing status, and withholding allowances must be reported on the W-4P tax form.
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