IRS Form W-4P 2019 Withholding Certificate for Pension or Annuity Payments

IRS Form W-4P is a U.S. Department of the Treasury - Internal Revenue Service - issued form also known as the "Withholding Certificate For Pension Or Annuity Payments".

Download a PDF version of the latest IRS Form W-4P down below or find it on the U.S. Department of the Treasury - Internal Revenue Service Forms website.

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W-4P
Withholding Certificate for
OMB No. 1545-0074
Form
2019
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 filing jointly and your spouse is working),
read all of the instructions, including the instructions for the
compensation. Use Form W‐4P to tell payers the correct
amount of federal income tax to withhold from your payment(s).
Multiple Pensions/More‐Than‐One‐Income Worksheet, before
beginning.
You also may use Form W‐4P to choose (a) not to have any
federal income tax withheld from the payment (except for
Other income. If you have a large amount of income from other
eligible rollover distributions or for payments to U.S. citizens to
sources not subject to withholding (such as interest, dividends,
be delivered outside the United States or its possessions) or
or capital gains), consider making estimated tax payments using
(b) to have an additional amount of tax withheld.
Form 1040‐ES, Estimated Tax for Individuals. Otherwise, you
Your options depend on whether the payment is periodic,
might owe additional tax. See Pub. 505, Tax Withholding and
nonperiodic, or an eligible rollover distribution, as explained on
Estimated Tax, for more information. Get Form 1040‐ES and
pages 2 and 3. Your previously filed Form W‐4P will remain in
Pub. 505 at www.irs.gov/FormsPubs. Or, you can use the
effect if you don’t file a Form W‐4P for 2019.
Deductions, Adjustments, and Additional Income Worksheet on
page 5 or the calculator at www.irs.gov/W4App to make sure
General Instructions
you have enough tax withheld from your payments. If you have
income from wages, see Pub. 505 or use the calculator at
Section references are to the Internal Revenue Code.
www.irs.gov/W4App to find out if you should adjust your
Follow these instructions to determine the number of
withholding on Form W‐4 or Form W‐4P.
withholding allowances you should claim for pension or annuity
Note: Social security and railroad retirement payments may be
payment withholding for 2019 and any additional amount of tax
includible in income. See Form W‐4V, Voluntary Withholding
to have withheld. Complete the worksheet(s) using the taxable
Request, for information on voluntary withholding from these
amount of the payments.
payments.
If you don’t want any federal income tax withheld (see
Withholding From Pensions and Annuities
Purpose, earlier), you can skip the worksheets and go directly to
the Form W‐4P below.
Generally, federal income tax withholding applies to the taxable
Sign this form. Form W‐4P is not valid unless you sign it.
part of payments made from pension, profit-sharing, stock
You can also use the calculator at www.irs.gov/W4App to
bonus, annuity, and certain deferred compensation plans; from
individual retirement arrangements (IRAs); and from commercial
determine your tax withholding more accurately. Consider using
annuities. The method and rate of withholding depend on (a) the
this calculator if you have a more complicated tax situation, such
kind of payment you receive; (b) whether the payments are to be
as if you have more than one pension or annuity, a working
delivered outside the United States or its possessions; and
spouse, or a large amount of income outside of your pensions.
(c) whether the recipient is a nonresident alien individual, a
After your Form W‐4P takes effect, you can also use this calculator
nonresident alien beneficiary, or a foreign estate. Qualified
to see how the amount of tax you’re having withheld compares to
distributions from a Roth IRA are nontaxable and, therefore, not
your projected total tax for 2019. If you use the calculator, you
subject to withholding. See page 3 for special withholding rules
don’t need to complete any of the worksheets for Form W‐4P.
that apply to payments to be delivered outside the United
Note that if you have too much tax withheld, you will receive a
States and payments to foreign persons.
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
2019
Pension or Annuity Payments
Department of the Treasury
For Privacy Act and Paperwork Reduction Act Notice, see page 6.
Internal Revenue Service
Your social security number
Your first name and middle initial
Last name
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
Form
(2019)
Cat. No. 10225T
W-4P
Withholding Certificate for
OMB No. 1545-0074
Form
2019
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 filing jointly and your spouse is working),
read all of the instructions, including the instructions for the
compensation. Use Form W‐4P to tell payers the correct
amount of federal income tax to withhold from your payment(s).
Multiple Pensions/More‐Than‐One‐Income Worksheet, before
beginning.
You also may use Form W‐4P to choose (a) not to have any
federal income tax withheld from the payment (except for
Other income. If you have a large amount of income from other
eligible rollover distributions or for payments to U.S. citizens to
sources not subject to withholding (such as interest, dividends,
be delivered outside the United States or its possessions) or
or capital gains), consider making estimated tax payments using
(b) to have an additional amount of tax withheld.
Form 1040‐ES, Estimated Tax for Individuals. Otherwise, you
Your options depend on whether the payment is periodic,
might owe additional tax. See Pub. 505, Tax Withholding and
nonperiodic, or an eligible rollover distribution, as explained on
Estimated Tax, for more information. Get Form 1040‐ES and
pages 2 and 3. Your previously filed Form W‐4P will remain in
Pub. 505 at www.irs.gov/FormsPubs. Or, you can use the
effect if you don’t file a Form W‐4P for 2019.
Deductions, Adjustments, and Additional Income Worksheet on
page 5 or the calculator at www.irs.gov/W4App to make sure
General Instructions
you have enough tax withheld from your payments. If you have
income from wages, see Pub. 505 or use the calculator at
Section references are to the Internal Revenue Code.
www.irs.gov/W4App to find out if you should adjust your
Follow these instructions to determine the number of
withholding on Form W‐4 or Form W‐4P.
withholding allowances you should claim for pension or annuity
Note: Social security and railroad retirement payments may be
payment withholding for 2019 and any additional amount of tax
includible in income. See Form W‐4V, Voluntary Withholding
to have withheld. Complete the worksheet(s) using the taxable
Request, for information on voluntary withholding from these
amount of the payments.
payments.
If you don’t want any federal income tax withheld (see
Withholding From Pensions and Annuities
Purpose, earlier), you can skip the worksheets and go directly to
the Form W‐4P below.
Generally, federal income tax withholding applies to the taxable
Sign this form. Form W‐4P is not valid unless you sign it.
part of payments made from pension, profit-sharing, stock
You can also use the calculator at www.irs.gov/W4App to
bonus, annuity, and certain deferred compensation plans; from
individual retirement arrangements (IRAs); and from commercial
determine your tax withholding more accurately. Consider using
annuities. The method and rate of withholding depend on (a) the
this calculator if you have a more complicated tax situation, such
kind of payment you receive; (b) whether the payments are to be
as if you have more than one pension or annuity, a working
delivered outside the United States or its possessions; and
spouse, or a large amount of income outside of your pensions.
(c) whether the recipient is a nonresident alien individual, a
After your Form W‐4P takes effect, you can also use this calculator
nonresident alien beneficiary, or a foreign estate. Qualified
to see how the amount of tax you’re having withheld compares to
distributions from a Roth IRA are nontaxable and, therefore, not
your projected total tax for 2019. If you use the calculator, you
subject to withholding. See page 3 for special withholding rules
don’t need to complete any of the worksheets for Form W‐4P.
that apply to payments to be delivered outside the United
Note that if you have too much tax withheld, you will receive a
States and payments to foreign persons.
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
2019
Pension or Annuity Payments
Department of the Treasury
For Privacy Act and Paperwork Reduction Act Notice, see page 6.
Internal Revenue Service
Your social security number
Your first name and middle initial
Last name
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
Form
(2019)
Cat. No. 10225T
2
Form W-4P (2019)
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 $2,033 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 (2019)
Page
Note: The payer won’t withhold federal income tax if the entire
Specific Instructions
distribution is transferred by the plan administrator in a direct
rollover to a traditional IRA or another eligible retirement plan (if
Personal Allowances Worksheet
allowed by the plan), such as a 401(k) plan, qualified pension
Complete this worksheet on page 4 first to determine the
plan, governmental section 457(b) plan, section 403(b) contract,
number of withholding allowances to claim.
or tax-sheltered annuity.
Line C. Head of household please note: Generally, you can
Distributions that are (a) required by federal law, (b) one of a
claim head of household filing status on your tax return only if
specified series of equal payments, or (c) qualifying “hardship”
you’re unmarried and pay more than 50% of the costs of
distributions are not “eligible rollover distributions” and aren’t
keeping up a home for yourself and a qualifying individual. See
subject to the mandatory 20% federal income tax withholding.
Pub. 501 for more information about filing status.
See Pub. 505 for details. See also Nonperiodic payments—10%
Line E. Child tax credit. When you file your tax return, you may
withholding on page 2.
be eligible to claim a child tax credit for each of your eligible
Tax relief for victims of terrorist attacks. For tax years ending
children. To qualify, the child must be under age 17 as of
after September 10, 2001, disability payments for injuries
December 31, must be your dependent who lives with you for
incurred as a direct result of a terrorist attack directed against the
more than half the year, and must have a valid social security
United States (or its allies), whether outside or within the United
number. To learn more about this credit, see Pub. 972, Child
States, aren’t included in income. You may check the box on line
Tax Credit. To reduce the tax withheld from your payments by
1 of Form W-4P and submit the form to your payer to have no
taking this credit into account, follow the instructions on line E
federal income tax withheld from these disability payments.
of the worksheet. On the worksheet you will be asked about
However, you must include in your income any amounts that you
your total income. For this purpose, total income includes all of
received or you would’ve received in retirement had you not
your pensions, wages, and other income, including income
become disabled as a result of a terrorist attack. See Pub. 3920,
earned by a spouse, if you are filing a joint return.
Tax Relief for Victims of Terrorist Attacks, for more details.
Line F. Credit for other dependents. When you file your tax
Changing Your “No Withholding” Choice
return, you may be eligible to claim a credit for other
dependents for whom a child tax credit cannot be claimed, such
Periodic payments. If you previously chose not to have federal
as a qualifying child who does not meet the age or social
income tax withheld and you now want withholding, complete
security number requirement for the child tax credit, or a
another Form W-4P and submit it to your payer. If you want
qualifying relative. To learn more about this credit, see Pub. 972.
federal income tax withheld at the 2019 default rate (married
To reduce the tax withheld from your payments by taking this
with three allowances), write “Revoked” next to the checkbox
credit into account, follow the instructions on line F of the
on line 1 of the form. If you want tax withheld at any different
worksheet. On the worksheet, you will be asked about your total
rate, complete line 2 on the form.
income. For this purpose, total income includes all of your
Nonperiodic payments. If you previously chose not to have
pensions, wages, and other income, including income earned by
federal income tax withheld and you now want withholding,
a spouse, if you are filing a joint return.
write “Revoked” next to the checkbox on line 1 and submit
Line G. Other credits. You may 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 tax credits for education (see Pub. 970). If you
To Be Delivered Outside the United States
do so, your payments will be larger, but the amount of any
refund that you receive when you file your tax return will be
Unless you’re a nonresident alien, withholding (in the manner
smaller. Follow the instructions for Worksheet 1‐6 in Pub. 505 if
described above) is required on any periodic or nonperiodic
you want to reduce your withholding to take these credits into
payments that are to be delivered to you outside the United States
account. Enter “-0-” on lines E and F if you use Worksheet 1-6.
or its possessions. Don’t check the box on line 1 of Form W-4P.
Deductions, Adjustments, and Additional
See Pub. 505 for details.
Income Worksheet
In the absence of a tax treaty exemption, nonresident aliens,
nonresident alien beneficiaries, and foreign estates generally are
Complete this worksheet to determine if you’re able to reduce
subject to a 30% federal withholding tax under section 1441 on
the tax withheld from your pension or annuity payments to
the taxable portion of a periodic or nonperiodic pension or
account for your itemized deductions and other adjustments to
annuity payment that is from U.S. sources. However, most tax
income, such as IRA contributions. If you do so, your refund at
treaties provide that private pensions and annuities are exempt
the end of the year will be smaller, but your payments will be
from withholding and tax. Also, payments from certain pension
larger. You’re not required to complete this worksheet or reduce
plans are exempt from withholding even if no tax treaty applies.
your withholding if you don’t wish to do so.
See Pub. 515, Withholding of Tax on Nonresident Aliens and
You can also use this worksheet to figure out how much to
Foreign Entities, and Pub. 519, U.S. Tax Guide for Aliens, for
increase the tax withheld from your payments if you have a large
details. A foreign person should submit Form W-8BEN,
amount of other income not subject to withholding, such as
Certificate of Foreign Status of Beneficial Owner for United
interest, dividends, or capital gains.
States Tax Withholding and Reporting, to the payer before
Another option is to take these items into account and make
receiving any payments. The Form W-8BEN must contain the
your withholding more accurate by using the calculator at
foreign person’s taxpayer identification number (TIN).
www.irs.gov/W4App. If you use the calculator, you don’t need
Statement of Federal Income Tax Withheld
to complete any of the worksheets for Form W‐4P.
From Your Pension or Annuity
Multiple Pensions/More‐Than‐One‐Income
By January 31 of next year, your payer will furnish a statement
Worksheet
to you on Form 1099-R, Distributions From Pensions, Annuities,
Complete this worksheet if you receive more than one pension,
Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts,
if you have a pension and a job, or if you’re married filing jointly
etc., showing the total amount of your pension or annuity
and have a working spouse or a spouse who receives a
payments and the total federal income tax withheld during the
pension. If you don’t complete this worksheet, you might have
year. If you’re a foreign person who has provided your payer
too little tax withheld. If so, you will owe tax when you file your
with Form W-8BEN, your payer instead will furnish a statement
tax return and may be subject to a penalty.
to you on Form 1042-S, Foreign Person’s U.S. Source Income
Subject to Withholding, by March 16 of next year.
4
Form W-4P (2019)
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 $71,201 ($103,351 if married filing jointly), enter “4” for each eligible child.
• If your total income will be from $71,201 to $179,050 ($103,351 to $345,850 if married filing jointly), enter “2”
for each eligible child.
• If your total income will be from $179,051 to $200,000 ($345,851 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. See Pub. 972, Child Tax Credit, for more information.
• If your total income will be less than $71,201 ($103,351 if married filing jointly), enter “1” for each eligible
dependent.
• If your total income will be from $71,201 to $179,050 ($103,351 to $345,850 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 $179,050 ($345,850 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. If you use Worksheet 1-6, enter “-0-” on lines E and F .
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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 not subject to withholding 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 $53,000 ($24,450 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 (2019)
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 not subject to withholding.
1 Enter an estimate of your 2019 itemized deductions. These include qualifying home mortgage interest,
charitable contributions, state and local taxes (up to $10,000), and medical expenses in excess of 10%
of your income. See Pub. 505 for details .
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1 $
{
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$24,400 if you’re married filing jointly or qualifying widow(er)
2 Enter:
$18,350 if you’re head of household
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2 $
$12,200 if you’re single or married filing separately
3 Subtract line 2 from line 1. If zero or less, enter “-0-” .
3 $
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4 Enter an estimate of your 2019 adjustments to income, qualified business income deduction, and any
additional standard deduction for age or blindness (see Pub. 505 for information about these items)
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4 $
5 Add lines 3 and 4 and enter the total
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5 $
6 Enter an estimate of your 2019 other income not subject to withholding (such as dividends, interest, or capital gains)
6 $
7 Subtract line 6 from line 5. If zero, enter “-0-”. If less than zero, enter the amount in parentheses
7 $
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8 Divide the amount on line 7 by $4,200 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
10
here and enter this total on Form W-4P, line 2, page 1
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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 .
6
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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 2019. For example, divide by 8 if you’re paid
every month and you complete this form in April 2019. Enter the result here and on Form W-4P, line 3,
9 $
page 1. This is the additional amount to be withheld from each payment
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Table 1
Table 2
Married Filing Jointly
All Others
Married Filing Jointly
All Others
If wages from LOWEST
Enter on
If wages from LOWEST
Enter on
If wages from HIGHEST
Enter on
If wages from HIGHEST
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 - $24,900
$420
$0 -
$7,200
$420
5,001 -
9,500
1
7,001 -
13,000
1
24,901 -
84,450
500
7,201 -
36,975
500
9,501 -
19,500
2
13,001 -
27,500
2
84,451 - 173,900
910
36,976 -
81,700
910
3
27,501 -
32,000
3
173,901 - 326,950
1,000
81,701 - 158,225
1,000
19,501 -
35,000
35,001 -
40,000
4
32,001 -
40,000
4
326,951 - 413,700
1,330
158,226 - 201,600
1,330
40,001 -
46,000
5
40,001 -
60,000
5
413,701 - 617,850
1,450
201,601 - 507,800
1,450
46,001 -
55,000
6
60,001 -
75,000
6
617,851 and over
1,540
507,801 and over
1,540
55,001 -
60,000
7
75,001 -
85,000
7
60,001 -
70,000
8
85,001 -
95,000
8
70,001 -
75,000
9
95,001 - 100,000
9
75,001 -
85,000
10
100,001 - 110,000
10
85,001 -
95,000
11
110,001 - 115,000
11
95,001 - 125,000
12
115,001 - 125,000
12
125,001 - 155,000
13
125,001 - 135,000
13
155,001 - 165,000
14
135,001 - 145,000
14
165,001 - 175,000
15
145,001 - 160,000
15
175,001 - 180,000
16
160,001 - 180,000
16
180,001 and over
17
180,001 - 195,000
17
195,001 - 205,000
18
205,001 and over
19

Download IRS Form W-4P 2019 Withholding Certificate for Pension or Annuity Payments

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