Withholding Certificate for Pension or Annuity Payments

Income from annuity, pension, profit-sharing, stock bonus, and some other deferred compensation plans is taxed under regulation by a method and at a rate determined by the nature of the payment (periodic or nonperiodic, eligible for rollover or not). Form W-4P, Withholding Certificate for Pension or Annuity Payments, is used by recipients to have additional income tax withheld above that required by regulation or to claim exemption from withholding.