kmsh
Level 1

2023 W-4P

Greetings!

My wife and I are both retiring and have a question on IRS W-4P.

Say my pension is $60,000 and my wife's is $50,000.

On my wife's W-4P, would she report my pension of $60,000 in Step 2, b, i and iii?

On my W-4P, would I also report my wife's pension of $50,000 in Step 2, b, i and iii?

Thanks, 

K & M