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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.
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Although, you cannot select a flat rate, you can choose an exact dollar amount. See Line 4c:
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
Talk to the retirement plan administrator to get this done the way they want it done and how you get the desired withholding.
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