IRS Form W-4P 2018 Withholding Certificate for Pension or Annuity Payments

IRS Form W-4P, "Withholding Certificate For Pension Or Annuity Payments" is a tax form issued by the United States Internal Revenue Service. The latest version of the form was released in January 1, 2018. A up-to-date fillable W-4P Form in PDF is available for download below.

The "Withholding Certificate For Pension Or Annuity Payments" can be filed digitally and submitted online or printed out and sent to the IRS mailing address.

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W-4P
OMB No. 1545-0074
Withholding Certificate for
Form
2018
Pension or Annuity Payments
Department of the Treasury
Internal Revenue Service
Future developments. For the latest information about any
withheld, you will owe tax when you file your tax return, and you
might owe a penalty.
future developments related to Form W‐4P, such as legislation
enacted after it was published, go to www.irs.gov/FormW4P.
Filers with multiple pensions or more than one income. If
Purpose. Form W‐4P is for U.S. citizens, resident aliens, or their
you have more than one source of income subject to
estates who are recipients of pensions, annuities (including
withholding (such as more than one pension or a pension and a
commercial annuities), and certain other deferred
job, or you’re married and your spouse is working), read all of
the instructions, including the instructions for the Multiple
compensation. Use Form W‐4P to tell payers the correct
amount of federal income tax to withhold from your payment(s).
Pensions/More‐Than‐One‐Income Worksheet, before beginning.
You also may use Form W‐4P to choose (a) not to have any
Other income. If you have a large amount of income from other
federal income tax withheld from the payment (except for
sources not subject to withholding (such as interest, dividends,
eligible rollover distributions or for payments to U.S. citizens to
or capital gains), consider making estimated tax payments using
be delivered outside the United States or its possessions) or (b)
Form 1040‐ES, Estimated Tax for Individuals. Otherwise, you
to have an additional amount of tax withheld.
might owe additional tax. See Pub. 505, Tax Withholding and
Your options depend on whether the payment is periodic,
Estimated Tax, for more information. Get Form 1040‐ES and
Pub. 505 at www.irs.gov/FormsPubs. Or, you can use the
nonperiodic, or an eligible rollover distribution, as explained on
pages 2 and 3. Your previously filed Form W‐4P will remain in
Deductions, Adjustments, and Additional Income Worksheet on
effect if you don’t file a Form W‐4P for 2018.
page 5 or the calculator at www.irs.gov/W4App to make sure
you have enough tax withheld from your payments. If you have
General Instructions
income from wages, see Pub. 505 or use the calculator at www.
irs.gov/W4App to find out if you should adjust your withholding
Section references are to the Internal Revenue Code.
on Form W‐4 or Form W‐4P.
Follow these instructions to determine the number of
Note: Social security and railroad retirement payments may be
withholding allowances you should claim for pension or annuity
includible in income. See Form W‐4V, Voluntary Withholding
payment withholding for 2018 and any additional amount of tax
Request, for information on voluntary withholding from these
to have withheld. Complete the worksheet(s) using the taxable
payments.
amount of the payments.
Withholding From Pensions and Annuities
If you don’t want any federal income tax withheld (see
Purpose, earlier), you can skip the worksheets and go directly to
Generally, federal income tax withholding applies to the taxable
the Form W‐4P below.
part of payments made from pension, profit-sharing, stock
Sign this form. Form W‐4P is not valid unless you sign it.
bonus, annuity, and certain deferred compensation plans; from
You can also use the calculator at www.irs.gov/W4App to
individual retirement arrangements (IRAs); and from commercial
annuities. The method and rate of withholding depend on (a) the
determine your tax withholding more accurately. Consider using
kind of payment you receive; (b) whether the payments are to be
this calculator if you have a more complicated tax situation, such
delivered outside the United States or its possessions; and (c)
as if you have more than one pension or annuity, a working
whether the recipient is a nonresident alien individual, a
spouse, or a large amount of income outside of your pensions.
nonresident alien beneficiary, or a foreign estate. Qualified
After your Form W‐4P takes effect, you can also use this calculator
distributions from a Roth IRA are nontaxable and, therefore, not
to see how the amount of tax you’re having withheld compares to
subject to withholding. See page 3 for special withholding rules
your projected total tax for 2018. If you use the calculator, you
that apply to payments to be delivered outside the United
don’t need to complete any of the worksheets for Form W‐4P.
States and payments to foreign persons.
Note that if you have too much tax withheld, you will receive a
refund when you file your tax return. If you have too little tax
Separate here and give Form W-4P to the payer of your pension or annuity. Keep the worksheet(s) for your records.
W-4P
Withholding Certificate for
OMB No. 1545-0074
Form
2018
Pension or Annuity Payments
Department of the Treasury
For Privacy Act and Paperwork Reduction Act Notice, see page 6.
Internal Revenue Service
Your first name and middle initial
Last name
Your social security number
Claim or identification number
Home address (number and street or rural route)
(if any) of your pension or
annuity contract
City or town, state, and ZIP code
Complete the following applicable lines.
1 Check here if you do not want any federal income tax withheld from your pension or annuity. (Don’t complete line 2 or 3.)
2 Total number of allowances and marital status you’re claiming for withholding from each periodic pension or
annuity payment. (You also may designate an additional dollar amount on line 3.)
.
.
.
.
.
.
.
.
.
.
.
Marital status:
Single
Married
Married, but withhold at higher Single rate.
(Enter number
of allowances.)
3 Additional amount, if any, you want withheld from each pension or annuity payment. (Note: For periodic payments,
you can’t enter an amount here without entering the number (including zero) of allowances on line 2.)
$
.
.
.
. ▶
Your signature
Date
W-4P
Cat. No. 10225T
Form
(2018)
W-4P
OMB No. 1545-0074
Withholding Certificate for
Form
2018
Pension or Annuity Payments
Department of the Treasury
Internal Revenue Service
Future developments. For the latest information about any
withheld, you will owe tax when you file your tax return, and you
might owe a penalty.
future developments related to Form W‐4P, such as legislation
enacted after it was published, go to www.irs.gov/FormW4P.
Filers with multiple pensions or more than one income. If
Purpose. Form W‐4P is for U.S. citizens, resident aliens, or their
you have more than one source of income subject to
estates who are recipients of pensions, annuities (including
withholding (such as more than one pension or a pension and a
commercial annuities), and certain other deferred
job, or you’re married and your spouse is working), read all of
the instructions, including the instructions for the Multiple
compensation. Use Form W‐4P to tell payers the correct
amount of federal income tax to withhold from your payment(s).
Pensions/More‐Than‐One‐Income Worksheet, before beginning.
You also may use Form W‐4P to choose (a) not to have any
Other income. If you have a large amount of income from other
federal income tax withheld from the payment (except for
sources not subject to withholding (such as interest, dividends,
eligible rollover distributions or for payments to U.S. citizens to
or capital gains), consider making estimated tax payments using
be delivered outside the United States or its possessions) or (b)
Form 1040‐ES, Estimated Tax for Individuals. Otherwise, you
to have an additional amount of tax withheld.
might owe additional tax. See Pub. 505, Tax Withholding and
Your options depend on whether the payment is periodic,
Estimated Tax, for more information. Get Form 1040‐ES and
Pub. 505 at www.irs.gov/FormsPubs. Or, you can use the
nonperiodic, or an eligible rollover distribution, as explained on
pages 2 and 3. Your previously filed Form W‐4P will remain in
Deductions, Adjustments, and Additional Income Worksheet on
effect if you don’t file a Form W‐4P for 2018.
page 5 or the calculator at www.irs.gov/W4App to make sure
you have enough tax withheld from your payments. If you have
General Instructions
income from wages, see Pub. 505 or use the calculator at www.
irs.gov/W4App to find out if you should adjust your withholding
Section references are to the Internal Revenue Code.
on Form W‐4 or Form W‐4P.
Follow these instructions to determine the number of
Note: Social security and railroad retirement payments may be
withholding allowances you should claim for pension or annuity
includible in income. See Form W‐4V, Voluntary Withholding
payment withholding for 2018 and any additional amount of tax
Request, for information on voluntary withholding from these
to have withheld. Complete the worksheet(s) using the taxable
payments.
amount of the payments.
Withholding From Pensions and Annuities
If you don’t want any federal income tax withheld (see
Purpose, earlier), you can skip the worksheets and go directly to
Generally, federal income tax withholding applies to the taxable
the Form W‐4P below.
part of payments made from pension, profit-sharing, stock
Sign this form. Form W‐4P is not valid unless you sign it.
bonus, annuity, and certain deferred compensation plans; from
You can also use the calculator at www.irs.gov/W4App to
individual retirement arrangements (IRAs); and from commercial
annuities. The method and rate of withholding depend on (a) the
determine your tax withholding more accurately. Consider using
kind of payment you receive; (b) whether the payments are to be
this calculator if you have a more complicated tax situation, such
delivered outside the United States or its possessions; and (c)
as if you have more than one pension or annuity, a working
whether the recipient is a nonresident alien individual, a
spouse, or a large amount of income outside of your pensions.
nonresident alien beneficiary, or a foreign estate. Qualified
After your Form W‐4P takes effect, you can also use this calculator
distributions from a Roth IRA are nontaxable and, therefore, not
to see how the amount of tax you’re having withheld compares to
subject to withholding. See page 3 for special withholding rules
your projected total tax for 2018. If you use the calculator, you
that apply to payments to be delivered outside the United
don’t need to complete any of the worksheets for Form W‐4P.
States and payments to foreign persons.
Note that if you have too much tax withheld, you will receive a
refund when you file your tax return. If you have too little tax
Separate here and give Form W-4P to the payer of your pension or annuity. Keep the worksheet(s) for your records.
W-4P
Withholding Certificate for
OMB No. 1545-0074
Form
2018
Pension or Annuity Payments
Department of the Treasury
For Privacy Act and Paperwork Reduction Act Notice, see page 6.
Internal Revenue Service
Your first name and middle initial
Last name
Your social security number
Claim or identification number
Home address (number and street or rural route)
(if any) of your pension or
annuity contract
City or town, state, and ZIP code
Complete the following applicable lines.
1 Check here if you do not want any federal income tax withheld from your pension or annuity. (Don’t complete line 2 or 3.)
2 Total number of allowances and marital status you’re claiming for withholding from each periodic pension or
annuity payment. (You also may designate an additional dollar amount on line 3.)
.
.
.
.
.
.
.
.
.
.
.
Marital status:
Single
Married
Married, but withhold at higher Single rate.
(Enter number
of allowances.)
3 Additional amount, if any, you want withheld from each pension or annuity payment. (Note: For periodic payments,
you can’t enter an amount here without entering the number (including zero) of allowances on line 2.)
$
.
.
.
. ▶
Your signature
Date
W-4P
Cat. No. 10225T
Form
(2018)
2
Form W-4P (2018)
Page
Because your tax situation may change from year to year, you
you’re single claiming zero withholding allowances even if you
may want to refigure your withholding each year. You can
checked the box on line 1 to have no federal income tax
change the amount to be withheld by using lines 2 and 3 of
withheld.
Form W-4P.
There are some kinds of periodic payments for which you
Choosing not to have income tax withheld. You (or in the
can’t use Form W-4P because they’re already defined as wages
event of death, your beneficiary or estate) can choose not to
subject to federal income tax withholding. These payments
have federal income tax withheld from your payments by using
include retirement pay for service in the U.S. Armed Forces and
line 1 of Form W-4P. For an estate, the election to have no
payments from certain nonqualified deferred compensation
income tax withheld may be made by the executor or personal
plans and tax-exempt organizations’ deferred compensation
plans described in section 457. Your payer should be able to tell
representative of the decedent. Enter the estate’s employer
identification number (EIN) in the area reserved for “Your social
you whether Form W-4P applies.
security number” on Form W-4P.
For periodic payments, your Form W-4P stays in effect until
You may not make this choice for eligible rollover
you change or revoke it. Your payer must notify you each year
distributions. See Eligible rollover distribution—20% withholding
of your right to choose not to have federal income tax withheld
below.
(if permitted) or to change your choice.
Nonperiodic payments—10% withholding. Your payer must
Caution: There are penalties for not paying enough federal
income tax during the year, either through withholding or
withhold at a flat 10% rate from the taxable amount of
nonperiodic payments (but see Eligible rollover distribution—
estimated tax payments. New retirees, especially, should see
Pub. 505. It explains your estimated tax requirements and
20% withholding below) unless you choose not to have federal
describes penalties in detail. You may be able to avoid quarterly
income tax withheld. Distributions from an IRA that are payable
estimated tax payments by having enough tax withheld from
on demand are treated as nonperiodic payments. You can
your pension or annuity using Form W-4P.
choose not to have federal income tax withheld from a
nonperiodic payment (if permitted) by submitting Form W-4P
Periodic payments. Withholding from periodic payments of a
(containing your correct SSN) to your payer and checking the
pension or annuity is figured in the same manner as withholding
box on line 1. However, see Payments to Foreign Persons and
from wages. Periodic payments are made in installments at
Payments To Be Delivered Outside the United States on page 3.
regular intervals over a period of more than 1 year. They may be
Generally, your choice not to have federal income tax withheld
paid annually, quarterly, monthly, etc.
will apply to any later payment from the same plan. You can’t
If you want federal income tax to be withheld, you must
use line 2 for nonperiodic payments. But you may use line 3 to
designate the number of withholding allowances on line 2 of
specify an additional amount that you want withheld.
Form W-4P and indicate your marital status by checking the
Caution: If you submit a Form W-4P that doesn’t contain your
appropriate box. You can’t designate a specific dollar amount to
correct SSN, the payer can’t honor your request not to have
be withheld. However, you can designate an additional amount
income tax withheld and must withhold 10% of the payment for
to be withheld on line 3.
federal income tax.
If you don’t want any federal income tax withheld from your
Eligible rollover distribution—20% withholding. Distributions
periodic payments, check the box on line 1 of Form W-4P and
you receive from qualified pension or annuity plans (for
submit the form to your payer. However, see Payments to
example, 401(k) plans and section 457(b) plans maintained by a
Foreign Persons and Payments To Be Delivered Outside the
governmental employer) or tax-sheltered annuities that are
United States on page 3.
eligible to be rolled over to an IRA or qualified plan are subject
Caution: If you don’t submit Form W-4P to your payer, the
to a flat 20% federal withholding rate on the taxable amount of
payer must withhold on periodic payments as if you’re married
the distribution. The 20% withholding rate is required, and you
claiming three withholding allowances. Generally, this means
can’t choose not to have income tax withheld from eligible
that tax will be withheld if the taxable amount of your pension or
rollover distributions. Don’t give Form W-4P to your payer
annuity is at least $1,990 a month.
unless you want an additional amount withheld. In that case,
If you submit a Form W-4P that doesn’t contain your correct
complete line 3 of Form W-4P and submit the form to your
social security number (SSN), the payer must withhold as if
payer.
3
Form W-4P (2018)
Page
Note: The payer won’t withhold federal income tax if the entire
furnish a statement to you on Form 1042-S, Foreign Person’s
distribution is transferred by the plan administrator in a direct
U.S. Source Income Subject to Withholding, by March 15 of
rollover to a traditional IRA or another eligible retirement plan (if
next year.
allowed by the plan), such as a 401(k) plan, qualified pension
Specific Instructions
plan, governmental section 457(b) plan, section 403(b) contract,
or tax-sheltered annuity.
Personal Allowances Worksheet
Distributions that are (a) required by federal law, (b) one of a
Complete this worksheet on page 4 first to determine the
specified series of equal payments, or (c) qualifying “hardship”
number of withholding allowances to claim.
distributions are not “eligible rollover distributions” and aren’t
Line C. Head of household please note: Generally, you can
subject to the mandatory 20% federal income tax withholding.
See Pub. 505 for details. See also Nonperiodic payments—10%
claim head of household filing status on your tax return only if
withholding on page 2.
you’re unmarried and pay more than 50% of the costs of
keeping up a home for yourself and a qualifying individual. See
Tax relief for victims of terrorist attacks. For tax years ending
Pub. 501 for more information about filing status.
after September 10, 2001, disability payments for injuries
incurred as a direct result of a terrorist attack directed against
Line E. Child tax credit. When you file your tax return, you
the United States (or its allies), whether outside or within the
might be eligible to claim a credit for each of your qualifying
United States, aren’t included in income. You may check the
children. To qualify, the child must be under age 17 as of
box on line 1 of Form W-4P and submit the form to your payer
December 31 and must be your dependent who lives with you
to have no federal income tax withheld from these disability
for more than half the year. To learn more about this credit, see
payments. However, you must include in your income any
Pub. 972, Child Tax Credit. To reduce the tax withheld from
amounts that you received or you would’ve received in
your payments by taking this credit into account, follow the
retirement had you not become disabled as a result of a terrorist
instructions on line E of the worksheet. On the worksheet you
attack. See Pub. 3920, Tax Relief for Victims of Terrorist
will be asked about your total income. For this purpose, total
Attacks, for more details.
income includes all of your pensions, wages, and other income,
including income earned by a spouse, during the year.
Changing Your “No Withholding” Choice
Line F. Credit for other dependents. When you file your tax
Periodic payments. If you previously chose not to have federal
return, you might be eligible to claim a credit for each of your
income tax withheld and you now want withholding, complete
dependents that don’t qualify for the child tax credit, such as
another Form W-4P and submit it to your payer. If you want
any dependent children age 17 and older. To learn more about
federal income tax withheld at the 2018 default rate (married
this credit, see Pub. 505. To reduce the tax withheld from your
with three allowances), write “Revoked” next to the checkbox
payments by taking this credit into account, follow the
on line 1 of the form. If you want tax withheld at any different
instructions on line F of the worksheet. On the worksheet, you
rate, complete line 2 on the form.
will be asked about your total income. For this purpose, total
Nonperiodic payments. If you previously chose not to have
income includes all of your pensions, wages, and other income,
federal income tax withheld and you now want withholding,
including income earned by a spouse, during the year.
write “Revoked” next to the checkbox on line 1 and submit
Line G. Other credits. You might be able to reduce the tax
Form W-4P to your payer.
withheld from your payments if you expect to claim other tax
Payments to Foreign Persons and Payments
credits, such as the earned income tax credit and tax credits for
education and child care expenses. If you do so, your payments
To Be Delivered Outside the United States
will be larger but the amount of any refund that you receive
Unless you’re a nonresident alien, withholding (in the manner
when you file your tax return will be smaller. Follow the
described above) is required on any periodic or nonperiodic
instructions for Worksheet 1‐6 in Pub. 505 if you want to reduce
payments that are to be delivered to you outside the United
your withholding to take these credits into account.
States or its possessions. You can’t choose not to have federal
Deductions, Adjustments, and Additional
income tax withheld on line 1 of Form W-4P. See Pub. 505 for
Income Worksheet
details.
In the absence of a tax treaty exemption, nonresident aliens,
Complete this worksheet to determine if you’re able to reduce
nonresident alien beneficiaries, and foreign estates generally are
the tax withheld from your pension or annuity payments to
subject to a 30% federal withholding tax under section 1441 on
account for your itemized deductions and other adjustments to
the taxable portion of a periodic or nonperiodic pension or
income, such as IRA contributions. If you do so, your refund at
annuity payment that is from U.S. sources. However, most tax
the end of the year will be smaller, but your payments will be
treaties provide that private pensions and annuities are exempt
larger. You’re not required to complete this worksheet or reduce
from withholding and tax. Also, payments from certain pension
your withholding if you don’t wish to do so.
plans are exempt from withholding even if no tax treaty applies.
You can also use this worksheet to figure out how much to
See Pub. 515, Withholding of Tax on Nonresident Aliens and
increase the tax withheld from your payments if you have a large
Foreign Entities, and Pub. 519, U.S. Tax Guide for Aliens, for
amount of other income, such as interest, dividends, or capital
details. A foreign person should submit Form W-8BEN,
gains.
Certificate of Foreign Status of Beneficial Owner for
Another option is to take these items into account and make
United States Tax Withholding and Reporting, to the payer
your withholding more accurate by using the calculator at
before receiving any payments. The Form W-8BEN must contain
www.irs.gov/W4App. If you use the calculator, you don’t need
the foreign person’s taxpayer identification number (TIN).
to complete any of the worksheets for Form W‐4P.
Statement of Federal Income Tax Withheld
Multiple Pensions/More‐Than‐One‐Income
From Your Pension or Annuity
Worksheet
By January 31 of next year, your payer will furnish a statement
Complete this worksheet if you receive more than one pension,
to you on Form 1099-R, Distributions From Retirement Plans,
if you have a pension and a job, or if you’re married filing jointly
Insurance Contracts, etc., showing the total amount of your
and have a working spouse or a spouse who received a
pension or annuity payments and the total federal income tax
pension. If you don’t complete this worksheet, you might have
withheld during the year. If you’re a foreign person who has
too little tax withheld. If so, you will owe tax when you file your
provided your payer with Form W-8BEN, your payer instead will
tax return and might be subject to a penalty.
4
Form W-4P (2018)
Page
Figure the total number of allowances you’re entitled to claim
receives $20,000 from a pension, you should complete the
and any additional amount of tax to withhold on all pensions
worksheets to determine what to enter on lines 2 and 3 of your
using worksheets from only one Form W‐4P. Claim all
Form W‐4P, and your spouse should enter zero (“‐0‐”) on lines 2
allowances on the Form W‐4P that you or your spouse file for the
and 3 of his or her Form W‐4P. See Pub. 505 for details.
highest paying pension in your family and claim zero allowances
Another option is to use the calculator at www.irs.gov/W4App
on Forms W‐4P filed for all other pensions. For example, if you
to figure your withholding more precisely.
receive $60,000 from your pension per year and your spouse
Personal Allowances Worksheet (Keep for your records.)
A Enter “1” for yourself .
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A
B Enter “1” if you will file as married filing jointly
B
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C Enter “1” if you will file as head of household .
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C
{
}
• You’re single, or married filing separately, and have only one pension; or
• You’re married filing jointly, have only one pension, and your spouse has
no income subject to withholding; or
D Enter “1” if:
D
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• Your income from a second pension or a job or your spouse’s pension or
wages (or the total of all) are $1,500 or less.
E Child tax credit. See Pub. 972, Child Tax Credit, for more information.
• If your total income will be less than $69,801 ($101,401 if married filing jointly), enter “4” for each eligible child.
• If your total income will be from $69,801 to $175,550 ($101,401 to $339,000 if married filing jointly), enter “2”
for each eligible child.
• If your total income will be from $175,551 to $200,000 ($339,001 to $400,000 if married filing jointly), enter “1”
for each eligible child.
E
• If your total income will be higher than $200,000 ($400,000 if married filing jointly), enter “-0-” .
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F Credit for other dependents.
• If your total income will be less than $69,801 ($101,401 if married filing jointly), enter “1” for each eligible
dependent.
• If your total income will be from $69,801 to $175,550 ($101,401 to $339,000 if married filing jointly), enter “1”
for every two dependents (for example, “-0-” for one dependent, “1” if you have two or three dependents, and
“2” if you have four dependents).
F
• If your total income will be higher than $175,550 ($339,000 if married filing jointly), enter “-0-” .
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G Other credits. If you have other credits, see Worksheet 1-6 of Pub. 505 and enter the amount from that
worksheet here
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G
{
H Add lines A through G and enter the total here
H
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• If you plan to itemize or claim adjustments to income and want to reduce your
withholding, or if you have a large amount of other income and want to increase your
withholding, see the Deductions, Adjustments, and Additional Income Worksheet, later.
For accuracy,
• If you have more than one source of income subject to withholding or are married filing
complete all
jointly and you and your spouse both have income subject to withholding and your
combined income from all sources exceeds $52,000 ($24,000 if married filing jointly), see the
worksheets
Multiple Pensions/More-Than-One-Income Worksheet on page 5 to avoid having too little
that apply.
tax withheld.
• If neither of the above situations applies, stop here and enter the number from line H on line
2 of Form W-4P above.
5
Form W-4P (2018)
Page
Deductions, Adjustments, and Additional Income Worksheet
Note: Use this worksheet only if you plan to itemize deductions, claim certain adjustments to income, or have a large amount of
other income.
1 Enter an estimate of your 2018 itemized deductions. These include qualifying home mortgage interest,
charitable contributions, state and local taxes (up to $10,000), and medical expenses in excess of 7.5%
of your income. See Pub. 505 for details .
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1 $
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$24,000 if you’re married filing jointly or qualifying widow(er)
2 Enter:
2 $
$18,000 if you’re head of household
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$12,000 if you’re single or married filing separately
3 Subtract line 2 from line 1. If zero or less, enter “-0-” .
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3 $
4 Enter an estimate of your 2018 adjustments to income and any additional standard deduction for age or
4 $
blindness (see Pub. 505 for information about these items) .
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5 Add lines 3 and 4 and enter the total
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5 $
6 Enter an estimate of your 2018 other income (such as dividends, interest, or capital gains) .
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6 $
7 Subtract line 6 from line 5. If zero, enter “-0-”. If less than zero, enter the amount in parentheses
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7 $
8 Divide the amount on line 7 by $4,150 and enter the result here. If a negative amount, enter in
parentheses. Drop any fraction
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8
9 Enter the number from the Personal Allowances Worksheet, line H, page 4 .
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9
10 Add lines 8 and 9 and enter the total here. If zero or less, enter “-0-”. If you plan to use the Multiple
Pensions/More-Than-One-Income Worksheet, also enter this total on line 1 below. Otherwise, stop
here and enter this total on Form W-4P, line 2, page 1
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10
Multiple Pensions/More-Than-One-Income Worksheet
Note: Use this worksheet only if the instructions under line H from the Personal Allowances Worksheet direct you here. This
applies if you (and your spouse if married filing jointly) have more than one source of income subject to withholding (such as more
than one pension, or a pension and a job, or you have a pension and your spouse works).
1 Enter the number from the Personal Allowances Worksheet, line H, page 4 (or from line 10 above if
you used the Deductions, Adjustments, and Additional Income Worksheet)
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1
2 Find the number in Table 1 below that applies to the LOWEST paying pension or job and enter it here.
However, if you’re married filing jointly and the amount from the highest paying pension or job is $75,000 or
less and the combined amounts for you and your spouse are $107,000 or less, do not enter more than “3”
2
3 If line 1 is more than or equal to line 2, subtract line 2 from line 1. Enter the result here (if zero, enter
“-0-”) and on Form W-4P, line 2, page 1. Do not use the rest of this worksheet
3
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Note: If line 1 is less than line 2, enter “-0-” on Form W-4P, line 2, page 1. Complete lines 4 through 9 below to figure the additional
withholding amount necessary to avoid a year-end tax bill.
4 Enter the number from line 2 of this worksheet .
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4
5 Enter the number from line 1 of this worksheet .
5
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6 Subtract line 5 from line 4 .
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6
7 Find the amount in Table 2 below that applies to the HIGHEST paying pension or job and enter it here
7 $
8 Multiply line 7 by line 6 and enter the result here. This is the additional annual withholding needed .
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8 $
9 Divide line 8 by the number of payments remaining in 2018. For example, divide by 8 if you’re paid
every month and you complete this form in April 2018. Enter the result here and on Form W-4P, line 3,
page 1. This is the additional amount to be withheld from each payment
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9 $
Table 1
Table 2
Married Filing Jointly
All Others
Married Filing Jointly
All Others
If wages from LOWEST
If wages from LOWEST
If wages from HIGHEST
If wages from HIGHEST
Enter on
Enter on
Enter on
Enter on
paying job or pension are—
line 2 above
paying job or pension are—
line 2 above
paying job or pension are—
line 7 above
paying job or pension are—
line 7 above
$0 -
$5,000
0
$0 -
$7,000
0
$0 - $24,375
$420
$0 -
$7,000
$420
5,001 -
9,500
1
7,001 -
12,500
1
24,376 -
82,725
500
7,001 -
36,175
500
9,501 -
19,000
2
12,501 -
24,500
2
82,726 - 170,325
910
910
36,176 -
79,975
19,001 -
26,500
3
24,501 -
31,500
3
170,326 - 320,325
1,000
79,976 - 154,975
1,000
26,501 -
37,000
4
31,501 -
39,000
4
320,326 - 405,325
1,330
154,976 - 197,475
1,330
37,001 -
43,500
5
39,001 -
55,000
5
405,326 - 605,325
1,450
197,476 - 497,475
1,450
43,501 -
55,000
6
55,001 -
70,000
6
605,326 and over
1,540
1,540
497,476 and over
55,001 -
60,000
7
70,001 -
85,000
7
60,001 -
70,000
8
85,001 -
90,000
8
70,001 -
75,000
9
90,001 - 100,000
9
75,001 -
85,000
10
100,001 - 105,000
10
85,001 -
95,000
11
105,001 - 115,000
11
95,001 - 130,000
12
115,001 - 120,000
12
130,001 - 150,000
13
120,001 - 130,000
13
150,001 - 160,000
14
130,001 - 145,000
14
160,001 - 170,000
15
145,001 - 155,000
15
170,001 - 180,000
16
155,001 - 185,000
16
180,001 - 190,000
17
185,001 and over
17
190,001 - 200,000
18
200,001 and over
19

Download IRS Form W-4P 2018 Withholding Certificate for Pension or Annuity Payments

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