I’m single, retired last year and receiving a pension. How many allowances should I claim?
Hello KD63,
You may claim zero allowance to have them take out enough tax from you.
Claiming 0, what is the percentage of federal taxes taken out?
The amount or rate graduates with the income amount. You can use the tax table below to determine how much:
Tax rate
Single filers
10%
$0 – $10,275
12%
$10,276 – $41,775
22%
$41,776 – $89,075
24%
$89,076 – $170,050
32%
$170,051 – $215,950
35%
$215,951 – $539,900
37%
$539,901 or more
https://www.debt.org/tax/brackets/
