Form NC-4P Withholding Certificate for Pension or Annuity Payments - North Carolina

What Is Form NC-4P?

This is a legal form that was released by the North Carolina Department of Revenue - a government authority operating within North Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form NC-4P?A: Form NC-4P is a withholding certificate used for pension or annuity payments in the state of North Carolina.

Q: Who needs to complete Form NC-4P?A: Any individual receiving pension or annuity payments in North Carolina may need to complete Form NC-4P.

Q: What is the purpose of Form NC-4P?A: Form NC-4P is used to determine the amount of state income tax to be withheld from pension or annuity payments.

Q: Do I need to file Form NC-4P every year?A: Form NC-4P should be filed whenever there are changes to your tax withholding status or if you want to make adjustments to the amount of income tax withheld.

Q: Can I use Form NC-4P for other types of income?A: No, Form NC-4P is specifically for pension or annuity payments. Other types of income may require different withholding forms.

Q: When is the deadline to submit Form NC-4P?A: Form NC-4P should be submitted to your pension or annuity provider as soon as possible, preferably before you start receiving payments.

Q: What happens if I don't submit Form NC-4P?A: If you don't submit Form NC-4P, your pension or annuity provider will withhold state income tax based on default withholding rates.

Q: Can I make changes to Form NC-4P after submitting it?A: Yes, you can make changes to Form NC-4P by submitting a new updated form to your pension or annuity provider.