Tax Withholding for Defined Benefit Pension Payments
Forms Used for Determining Federal Tax Withholding*
pdf IRS Form W-4P (2024)
: Use this form if receiving your pension as an annuity (monthly for example).
pdf IRS Form W-4R (2024)
: Use this form for each pension lump sum payment.
Forms Used for Determining State Tax Withholding*

* PensionSoft does not provide tax or legal advice. This website is intended solely to be used for reference. No information contained on this website may be used by the taxpayer to avoid any penalties which might apply to that taxpayer, agency, or taxing authority. We always recommend consulting with a tax advisor for help regarding all tax-related questions.

Failure to withhold an appropriate amount for federal and/or state tax may result in additional required payment and penalties from the corresponding taxing authority.