W4P

[ishchristian]

Hello! Need to fill out W4P for the pension we started for 2024. How do I calculate the monthly Fed Withholding?  (I realize I will need to double the monthly amount as we are already half way through 2024 with no withholding and then I will have to submit a new W4P for 2025.) Thank you.

[Cindy4 · Accepted solution]

Have you tried using our withholding calculator?

You can skip the part about W-2 earnings and just enter your pension amounts.  The W-4P is very similar to the W-4 so the results you get will guide you to which amounts to enter in which boxes.

Hope this helps!

Cindy

[ishchristian]

Hi Cindy4, Just tried the calculator and I have other questions. I will call in later and talk to someone when I have more time than I do today. Thank you for your assistance!! Have a great day! Leanne

[ishchristian]

Great! I'll try again! Thanks!