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2023 W4MNP, Minnesota Withholding Certificate for Retirement Account, Pension, or Commercial Annuity Payments (Revised August 15, 2023) Note: This form is not required for certain nontaxable periodic
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The W-4MNP is a form used by taxpayers in certain jurisdictions to declare their withholding allowances for personal income tax purposes.
Individuals who are employees and wish to have their federal income tax withheld based on their specific personal circumstances are required to file the W-4MNP.
To fill out the W-4MNP, taxpayers should provide their personal information including name, address, Social Security number, and the number of allowances they are claiming. The form should be signed and dated before submission to the employer.
The purpose of the W-4MNP is to inform the employer of the employee's tax withholding preferences, which helps in determining the amount of federal income tax to withhold from their paycheck.
The W-4MNP must report the employee's full name, Social Security number, marital status, the number of allowances being claimed, and any additional amount to be withheld.
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