- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a correct way to fill out new W4P based on same status as old W4. Allowance word not there, dependent is. I had a flat rate, how do I fill this out the same way?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a correct way to fill out new W4P based on same status as old W4. Allowance word not there, dependent is. I had a flat rate, how do I fill this out the same way?
There is no way on the new form to have a flat rate ... does your pension plan not give you that as an option to check ? Or are they requiring the W-4P ? If so click on Married and hand it in and see what amount is withheld. Then if it is not enough you can choose single and/or enter the missing amount on line 4C. Review the withholding tables for monthly payments on pages 21 - 23 ... that may help you decide which filing status to claim and if you will need more on line 4c to get you to the amount you desire ... https://www.irs.gov/pub/irs-pdf/p15t.pdf FYI ... the filing status on the return doesn't need to be the same as the W-4.
-
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a correct way to fill out new W4P based on same status as old W4. Allowance word not there, dependent is. I had a flat rate, how do I fill this out the same way?
Although, you cannot select a flat rate, you can choose an exact dollar amount. See Line 4c:
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a correct way to fill out new W4P based on same status as old W4. Allowance word not there, dependent is. I had a flat rate, how do I fill this out the same way?
Ok, after a quick read of the publication referred by Critter, plus what you sent: I complete step 1 name address etc, status. Skip 2 and 3, and put the amount I want to be withheld in 4c, and that's it ? What I am missing is why the line (c) Extra Withholding, says after it "Enter any additional tax you want withheld from each payment ? That would imply that something prior will cause an amount to be withheld. If nothing is filled in except my Step 1 info, and the 4c amount, why is this ?
Thanks,
Steve
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a correct way to fill out new W4P based on same status as old W4. Allowance word not there, dependent is. I had a flat rate, how do I fill this out the same way?
Talk to the retirement plan administrator to get this done the way they want it done and how you get the desired withholding.
Still have questions?
Or browse the Forums