Filing Status
What is the monthly gross amount of the benefit for which the withholding is being calculated?
How frequently is your benefit paid?
Do you (or your spouse) have income from a job or another pension?
Complete this step if you (1) have income from a job or more than one pension/annuity, or
(2) are married filing jointly and your spouse receives income from a job or a pension/annuity.
If you (and/or your spouse) have one or more jobs, then enter the total taxable annual pay from all jobs, plus any income entered on Form W-4,
Step 4(a), for the jobs less the deductions entered on Form W-4, Step 4(b), for the jobs. Otherwise, enter “-0-” (step 2(b)(i))
If you (and/or your spouse) have any other pensions/annuities that pay less annually than this pension/annuity,
then enter the total annual taxable payments from all lower-paying pensions/annuities. Otherwise, enter “-0-” (step 2(b)(ii))
Add the amounts from items (i) and (ii) and enter the total here (step 2(b)(iii))
Will you be taking any credits when you file your taxes?
Enter the total amount of credits you plan to claim when filing your taxes for qualifying children, other dependents, and any other credits. (step 3)
Do you want to make any other adjustments?
Other income (not from jobs or pension/annuity payments).
If you want tax withheld on other income you expect this year that won’t have withholding,
enter the amount of other income here. This may include interest, taxable social security, and dividends (step 4(a))
Deductions.
If you expect to claim deductions other than the basic standard deduction and want to reduce your withholding,
use the Deductions Worksheet on page 3 and enter the result here (step 4(b))
Extra withholding.
Enter any additional tax you want withheld from each payment (step 4(c))
Calculated Withholding Amount