Retired in Georgia

[KD63]

I’m single, retired last year and receiving a pension.  How many allowances should I claim?

[AR_CPA]

Hello KD63, 

You may claim zero allowance to have them take out enough tax from you.

[KD63]

Claiming 0, what is the percentage of federal taxes taken out?

[kdevere]

The amount or rate graduates with the income amount.  You can use the tax table below to determine how much:

Tax rate	Single filers
10%	$0 – $10,275
12%	$10,276 – $41,775
22%	$41,776 – $89,075
24%	$89,076 – $170,050
32%	$170,051 – $215,950
35%	$215,951 – $539,900
37%	$539,901 or more

https://www.debt.org/tax/brackets/