John-H2021
Employee Tax Expert

Self employed

Hello

 

For social security you would need a w-4v and you can only select the percentage they withhold and not a dollar amount.  22% is the highest you can have withheld from Social security once filled out you just take it to your local social security office. https://www.irs.gov/pub/irs-pdf/fw4v.pdf

 

To take out a dollar amount you would need to do that from your retirement paln using a w-4p on step 4 part C you would put the dollar amount you want withheld https://www.irs.gov/pub/irs-pdf/fw4p.pdf and send it to the pension company

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