Hello! Need to fill out W4P for the pension we started for 2024. How do I calculate the monthly Fed Withholding? (I realize I will need to double the monthly amount as we are already half way through 2024 with no withholding and then I will have to submit a new W4P for 2025.) Thank you.
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Have you tried using our withholding calculator?
You can skip the part about W-2 earnings and just enter your pension amounts. The W-4P is very similar to the W-4 so the results you get will guide you to which amounts to enter in which boxes.
Hope this helps!
Cindy
Have you tried using our withholding calculator?
You can skip the part about W-2 earnings and just enter your pension amounts. The W-4P is very similar to the W-4 so the results you get will guide you to which amounts to enter in which boxes.
Hope this helps!
Cindy
Hi Cindy4, Just tried the calculator and I have other questions. I will call in later and talk to someone when I have more time than I do today. Thank you for your assistance!! Have a great day! Leanne
Great! I'll try again! Thanks!
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