topic Slightly confused about the pension I'm receiving in Get your taxes done using TurboTax

Slightly confused about the pension I'm receiving

larsond2002 — Mon, 01 Dec 2025 20:30:26 GMT

I'm a retired person who is receiving a pension from their deceased spouse and it's a private company and this company wants me to fill out w-4p for tax purposes for whatever reason the only thing I did is change my address shouldn't those already be taken out before my pension is distributed to me I'm not sure why they want me to do this

Do I have to fill out this or just should I get a hold of the company

Also I'm not sure if this makes any difference but I also am on disability

Re: Slightly confused about the pension I'm receiving

VolvoGirl — Mon, 01 Dec 2025 21:10:55 GMT

Yes you fill it out. They want to know how much tax withholding you want taken out. Like 10% or 20% or nothing. It’s not the actual tax due on the pension, it’s just an estimated withholding amount. You still have to enter the total gross pension on your tax return to figure the tax on all your income. Then you will get credit for the withholding taken out giving you a refund or tax due for more.

Do you get Social Security Disability? It might not be taxable. Is the pension and disability the only income you have? If your total income is less than $15,750 (17,750 if over 65) it is not taxable and you don’t have to file a tax return except to get back any withholding taken out.

Re: Slightly confused about the pension I'm receiving

larsond2002 — Thu, 04 Dec 2025 13:02:32 GMT

Yes those two are the only sources of income I have and my total is under the amount stated if over 65

Thanks for the reply and the help