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Glorida1
New Member

Inherited IRA non Spouse

Inherited a Qualified IRA Variable Deferred Annuity (Non Spouse) was sent paperwork, to include a W4-P,&    W4-R, I want additional tax of 24% taken out, I was advised on the form W4-P 4a to put 24%, is that the correct spot to put it?

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1 Reply
DavidD66
Expert Alumni

Inherited IRA non Spouse

If you're going to put a % amount, that's where you should put it.  However, the form is designed for dollar amounts, not percentages.  The Insurance Company/IRA administrator may not process it without a fixed amount.

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