W-4P Withholding Certificate for Periodic Pension or Annuity

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TREASURY/IRS AND OMB USE ONLY DRAFT
Form

W-4P

Department of the Treasury
Internal Revenue Service

Step 1:
Enter
Personal
Information

Withholding Certificate
for Periodic Pension or Annuity Payments

OMB No. 1545-0074

2026

Give Form W-4P to the payer of your pension or annuity payments.

(a) First name and middle initial

(b) Social security number

Last name

Address
City or town, state, and ZIP code

(c)

Single or Married filing separately
Married filing jointly or Qualifying surviving spouse
Head of household (Check only if you’re unmarried and pay more than half the costs of keeping up a home for yourself and a qualifying individual.)

TIP: Consider using the estimator at www.irs.gov/W4App to determine the most accurate withholding for the rest of the year if you:
are completing this form after the beginning of the year; expect to receive your payments only part of the year; or have changes during
the year in your marital status, number of pensions/jobs for you (and/or your spouse if married filing jointly), dependents, other income
(not from jobs or pension/annuity payments), deductions, or credits. Have your most recent payment statements/pay stubs from this
year available when using the estimator. At the beginning of next year, use the estimator again to recheck your withholding.
Complete Steps 2–4 ONLY if they apply to you; otherwise, skip to Step 5. See pages 2 and 3 for more information on each step,
when to use the estimator at www.irs.gov/W4App, and how to elect to have no federal income tax withheld (if permitted).

Step 2:
Income From
a Job and/or
Multiple
Pensions/
Annuities
(Including a
Spouse’s
Job/Pension/
Annuity)

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. See page 2 for examples on how to
complete Step 2.
Do only one of the following.
(a) Use the estimator at www.irs.gov/W4App for the most accurate withholding for this step (and Steps 3–4). If you
or your spouse have self-employment income, use this option; or
(b) Complete the items below.
(i) 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, minus
the deductions entered on Form W-4, Step 4(b), for the jobs. Otherwise, enter “-0-” . . $
(ii) 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 lowerpaying pensions/annuities. Otherwise, enter “-0-” . . . . . . . . . . . . . $
(iii) Add the amounts from items (i) and (ii) and enter the total here
. . . . . . . . $
TIP: To be accurate, submit a new Form W-4P for all other pensions/annuities if you haven’t updated your
withholding since 2021 or this is a new pension/annuity that pays less than the other(s). Submit a new Form W-4
for your job(s) if you have not updated your withholding since 2019.

Complete Steps 3–4(b) on this form only if (b)(i) is blank and this pension/annuity pays the most annually. Otherwise, do not complete
Steps 3–4(b) on this form.

Step 3:
Claim
Dependent
and Other
Credits

Step 4:
Other
Adjustments

No withholding

Step 5:
Sign
Here

If your total income will be $200,000 or less ($400,000 or less if
married filing jointly):
(a) Multiply the number of qualifying children under age 17 by
$X,XXX . . . . . . . . . . . . . . . . . .
(b) Multiply the number of other dependents by $500 . . . .
(c) Add other credits, such as foreign tax credit and education tax
credits. Enter the total here . . . . . . . . . . .
Add the amounts from Steps 3(a), 3(b), and 3(c). Enter the total here

3(a) $
3(b) $
3(c) $
. . .

.

.

.

.

3

$

(a) 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
4(a) $
other income here. This may include interest, taxable social security, and dividends .
(b) Deductions. Use the Deductions Worksheet on page 4 to determine the amount of
deductions you may claim, which will reduce your withholding. (If you skip this line,
your withholding will be based on the standard deduction.) Enter the result here . .
4(b) $
(c) Extra withholding. Enter any additional tax you want withheld from each payment .
4(c) $
I request that no withholding be withheld from my payments. See Choosing not to have income tax withheld on
page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Date

Your signature (This form is not valid unless you sign it.)

For Privacy Act and Paperwork Reduction Act Notice, see page 3.

Cat. No. 10225T

Form W-4P (2026) Created 10/2/25

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

Caution: To claim certain credits or deductions on your tax return, you (and/or your spouse if married filing jointly) are required to have a social security
number valid for employment. See page 2 for more information.

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Form W-4P (2026)

General Instructions
Section references are to the Internal Revenue Code unless
otherwise noted.

Purpose of form. Complete Form W-4P to have payers
withhold the correct amount of federal income tax from your
periodic pension, annuity (including commercial annuities),
profit-sharing and stock bonus plan, or IRA payments. Federal
income tax withholding applies to the taxable part of these
payments. Periodic payments are made in installments at
regular intervals (for example, annually, quarterly, or monthly)
over a period of more than 1 year. Don’t use Form W-4P for a
nonperiodic payment (note that distributions from an IRA that
are payable on demand are treated as nonperiodic payments) or
an eligible rollover distribution (including a lump-sum pension
payment). Instead, use Form W-4R, Withholding Certificate for
Nonperiodic Payments and Eligible Rollover Distributions, for
these payments/distributions. For more information on
withholding, see Pub. 505, Tax Withholding and Estimated Tax.
Choosing not to have income tax withheld. You can choose
not to have federal income tax withheld from your payments by
checking the box in the No withholding section. Then, complete
Steps 1(a), 1(b), and 5. Generally, if you are a U.S. citizen or a
resident alien, you are not permitted to elect not to have federal
income tax withheld on payments to be delivered outside the
United States and its territories.

Specific Instructions
Submit a separate Form W-4P for each pension, annuity, or
other periodic payments you receive.
Step 1(c). Check your anticipated filing status. This will
determine the standard deduction and tax rates used to
compute your withholding.
Step 2. Use this step if you have at least one of the following:
income from a job, income from more than one pension/annuity,
and/or a spouse (if married filing jointly) that receives income
from a job/pension/annuity. The following examples will assist
you in completing Step 2(b).
Example 1. Taylor, a single filer, is completing Form W-4P for
a pension that pays $50,000 a year. Taylor also has a job that
pays $25,000 a year. Taylor has no other pensions or annuities.
Taylor will enter $25,000 in Step 2(b)(i) and in Step 2(b)(iii).
If Taylor also has $1,000 of interest income, which she
entered on Form W-4, Step 4(a), then she will instead enter
$26,000 in Step 2(b)(i) and in Step 2(b)(iii). She will make no
entries in Step 4(a) on this Form W-4P.
Example 2. Casey, a single filer, is completing Form W-4P for
a pension that pays $50,000 a year. Casey does not have a job,
but receives another pension for $25,000 a year (which pays
less annually than the $50,000 pension). Casey will enter
$25,000 in Step 2(b)(ii) and in Step 2(b)(iii).

Caution: If you have too little tax withheld, you will generally
owe tax when you file your tax return and may owe a penalty
unless you make timely payments of estimated tax. If too much
tax is withheld, you will generally be due a refund when you file
your tax return. If your tax situation changes, or you chose not
to have federal income tax withheld and you now want
withholding, you should submit a new Form W-4P.

If Casey also has $1,000 of interest income, then he will enter
$1,000 in Step 4(a) of this Form W-4P.

When to use the estimator. Consider using the estimator at
www.irs.gov/W4App if you:

If Sam also has $1,000 of interest income, she won’t enter
that amount on this Form W-4P because she entered the $1,000
on the Form W-4P for the higher paying $75,000 pension.

1. Are submitting this form after the beginning of the year;
2. Have social security, dividend, capital gain, or business
income, or are subject to the Additional Medicare Tax or Net
Investment Income Tax;
3. Receive these payments or pension and annuity payments for
only part of the year; or
4. Have changes during the year in your marital status, number
of pensions/jobs for you (and/or your spouse if married filing
jointly), number of dependents, or changes in your deductions
or credits.
TIP: Have your most recent payment statements/pay stubs from
this year available when using the estimator to account for
federal income tax that has already been withheld this year. At
the beginning of next year, use the estimator again to recheck
your withholding.
Self-employment. Generally, you will owe both income and
self-employment taxes on any self-employment income you (or
you and your spouse) receive. If you do not have a job and want
to pay these taxes through withholding from your payments, use
the estimator at www.irs.gov/W4App to figure the amount to
have withheld.
Payments to nonresident aliens and foreign estates. Do not
use Form W-4P. See Pub. 515, Withholding of Tax on
Nonresident Aliens and Foreign Entities, and Pub. 519, U.S. Tax
Guide for Aliens, for more information.
Tax relief for victims of terrorist attacks. If your disability
payments for injuries incurred as a direct result of a terrorist
attack are not taxable, check the box in the No withholding

Example 3. Sam, a single filer, is completing Form W-4P for a
pension that pays $50,000 a year. Sam does not have a job, but
receives another pension for $75,000 a year (which pays more
annually than the $50,000 pension). Sam will not enter any
amounts in Step 2.

Example 4. Alex, a single filer, is completing Form W-4P for a
pension that pays $50,000 a year. Alex also has a job that pays
$25,000 a year and another pension that pays $20,000 a year.
Alex will enter $25,000 in Step 2(b)(i), $20,000 in Step 2(b)(ii),
and $45,000 in Step 2(b)(iii).
If Alex also has $1,000 of interest income, which he entered
on Form W-4, Step 4(a), he will instead enter $26,000 in Step
2(b)(i), leave Step 2(b)(ii) unchanged, and enter $46,000 in Step
2(b)(iii). He will make no entries in Step 4(a) of this Form W-4P.
If you are married filing jointly, the entries described above do
not change if your spouse is the one who has the job or the
other pension/annuity instead of you.
Multiple sources of pensions/annuities or jobs. If you
(or if married filing jointly, you and/or your spouse) have a
CAUTION
job(s), do NOT complete Steps 3 through 4(b) on Form
W-4P. Instead, complete Steps 3 through 4(b) on the Form W-4
for the job. If you (or if married filing jointly, you and your spouse)
do not have a job, complete Steps 3 through 4(b) on Form W-4P
for only the pension/annuity that pays the most annually. Leave
those steps blank for the other pensions/annuities.

!
▲

Social security number and other requirements for
credits and deductions. You (and/or your spouse if
CAUTION
married filing jointly) must have the required social
security number to claim certain credits and deductions. For
additional eligibility requirements for these credits and
deductions, see Pub. 501, Dependents, Standard Deduction,
and Filing Information.

!
▲

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

Future developments. For the latest information about any
future developments related to Form W-4P, such as legislation
enacted after it was published, go to www.irs.gov/FormW4P.

section. See Pub. 3920, Tax Relief for Victims of Terrorist
Attacks, for more details.

TREASURY/IRS AND OMB USE ONLY DRAFT
Form W-4P (2026)

Specific Instructions (continued)
Step 3. This step provides instructions for determining the
amount of the child tax credit and the credit for other
dependents that you may be able to claim when you file your
tax return. To qualify for the child tax credit, the child must be
under age 17 as of December 31, must be your dependent who
generally lives with you for more than half the year, and must
have the required social security number. You may be able to
claim a credit for other dependents for whom a child tax credit
can’t be claimed, such as an older child or a qualifying relative.

Step 4.
Step 4(a). Enter in this step the total of your other estimated
income for the year, if any. You shouldn’t include amounts from
any job(s) or pension/annuity payments. If you complete Step
4(a), you likely won’t have to make estimated tax payments for

Privacy Act and Paperwork Reduction Act Notice. We ask for
the information on this form to carry out the Internal Revenue
laws of the United States. You are required to provide this
information only if you want to (a) request federal income tax
withholding from pension or annuity payments based on your
filing status and adjustments; (b) request additional federal
income tax withholding from your pension or annuity payments;
(c) choose not to have federal income tax withheld, when
permitted; or (d) change a previous Form W-4P. To do any of
the aforementioned, you are required by sections 3405(e) and
6109 and their regulations to provide the information requested
on this form. Failure to provide this information may result in
inaccurate withholding on your payment(s). Failure to provide a
properly completed form will result in your being treated as a
single person with no other entries on the form; providing
fraudulent information may subject you to penalties.
Routine uses of this information include giving it to the
Department of Justice for civil and criminal litigation, and to
cities, states, the District of Columbia, and U.S. commonwealths
and territories for use in administering their tax laws. We may

that income. If you prefer to pay estimated tax rather than
having tax on other income withheld from your pension, see
Form 1040-ES, Estimated Tax for Individuals.
Step 4(b). Enter in this step the amount from the Deductions
Worksheet, line 17, if you expect to claim deductions other than
the basic standard deduction on your 2026 tax return and want
to reduce your withholding to account for these deductions.
This includes itemized deductions, the additional standard
deduction for those 65 and over, and other deductions such as
for qualified tips, overtime compensation, and passenger
vehicle loan interest; student loan interest; IRAs; and seniors.
Step 4(c). Enter in this step any additional tax you want
withheld from each payment. Entering an amount here will
reduce your payments and will either increase your refund or
reduce any amount of tax that you owe when you file your tax
return.
Note: If you don’t give Form W-4P to your payer, you don’t
provide an SSN, or the IRS notifies the payer that you gave an
incorrect SSN, then the payer will withhold tax from your
payments as if your filing status is single with no adjustments in
Steps 2 through 4. For payments that began before 2026, your
current withholding election (or your default rate) remains in
effect unless you submit a new Form W-4P.

also disclose this information to other countries under a tax
treaty, to federal and state agencies to enforce federal nontax
criminal laws, or to federal law enforcement and intelligence
agencies to combat terrorism.
You are not required to provide the information requested on
a form that is subject to the Paperwork Reduction Act unless
the form displays a valid OMB control number. Books or
records relating to a form or its instructions must be retained as
long as their contents may become material in the
administration of any Internal Revenue law. Generally, tax
returns and return information are confidential, as required by
section 6103.
The average time and expenses required to complete and file
this form will vary depending on individual circumstances. For
estimated averages, see the instructions for your income tax
return.
If you have suggestions for making this form simpler, we
would be happy to hear from you. See the instructions for your
income tax return.

DRAFT — DO NOT FILE

DRAFT — DO NOT FILE

For additional eligibility requirements for these credits, see Pub.
501, Dependents, Standard Deduction, and Filing Information.
You can also include other tax credits for which you are eligible
in this step, such as the foreign tax credit and the education tax
credits. Including these credits will increase your payments and
reduce the amount of any refund you may receive when you file
your tax return.

Page 3

TREASURY/IRS AND OMB USE ONLY DRAFT
Page 4

Form W-4P (2026)

Step 4(b)—Deductions Worksheet (Keep for your records.)
See the Instructions for Schedule 1-A (Form 1040) for more information about whether you qualify for the deductions on lines 1a, 1b,
1c, 3a, and 3b.
1

Deductions for qualified tips, overtime compensation, and passenger vehicle loan interest.
a Qualified tips. If your total income is less than $150,000 ($300,000 if married filing jointly), enter
an estimate of your qualified tips up to $25,000 . . . . . . . . . . . . . . . . .
b Qualified overtime compensation. If your total income is less than $150,000 ($300,000 if married
filing jointly), enter an estimate of your qualified overtime compensation up to $12,500 ($25,000 if
married filing jointly) of the “and-a-half” portion of time-and-a-half compensation . . . . . .

1b $

c

4
5

6

7
8

9
10
11

12

13
14
15
16
17

Itemized deductions. Enter an estimate of your 2026 itemized deductions from Schedule A (Form
1040). Such deductions may include qualifying:
a Medical and dental expenses. Enter expenses in excess of 7.5% (0.075) of your total income .
b State and local taxes. If your total income is less than $505,000 ($252,500 if married filing
separately), enter state and local taxes paid up to $40,400 ($20,200 if married filing separately) .
c Home mortgage interest. If your mortgage indebtedness is less than $750,000 ($375,000 if
married filing separately), enter your home mortgage interest expense (including mortgage
insurance premiums) . . . . . . . . . . . . . . . . . . . . . . . . . .
d Gifts to charities. Enter contributions in excess of 0.5% (0.005) of your total income
. . . .
e Other itemized deductions. Enter the amount for other itemized deductions . . . . . . .
Add lines 6a, 6b, 6c, 6d, and 6e. Enter the result here . . . . . . . . . . . . . . . .
Limitation on itemized deductions.
a Enter your total income . . . . . . . . . . . . . . . . . . . . . . . . .
b Subtract line 4 from line 8a. If line 4 is greater than line 8a, enter -0- here and on line 10. Skip line 9
• $XXX,XXX if you’re married filing jointly or a qualifying surviving spouse
Enter:
. . . . .
• $XXX,XXX if you’re head of household
• $XXX,XXX if you’re single or married filing separately
If line 9 is greater than line 8b, enter the amount from line 7. Otherwise, multiply line 7 by 94% (0.94)
and enter the result here . . . . . . . . . . . . . . . . . . . . . . . . . .
Standard deduction.
• $XX,XXX if you’re married filing jointly or a qualifying surviving spouse
Enter:
. . . . .
• $XX,XXX if you’re head of household
• $XX,XXX if you’re single or married filing separately
Additional standard deduction. If you (or your spouse) are 65 or older.
• $X,XXX if you’re single or head of household
• $X,XXX if you’re married filing separately
Enter:
. . . .
• $X,XXX if you’re a qualifying surviving spouse or you’re married filing
jointly and one of you is under age 65
• $X,XXX if you’re married filing jointly and both of you are age 65 or older
Cash gifts to charities. If you take the standard deduction, enter cash contributions up to $1,000
($2,000 if married filing jointly) . . . . . . . . . . . . . . . . . . . . . . . .
Add lines 12 and 13. Enter the result here . . . . . . . . . . . . . . . . . . . .
Add lines 11 and 14. Enter the result here . . . . . . . . . . . . . . . . . . . .
If line 10 is greater than line 15, subtract line 11 from line 10 and enter the result here. If line 15 is
greater than line 10, enter the amount from line 14 . . . . . . . . . . . . . . . . .
Add lines 2, 4, 5, and 16. Enter the result here and in Step 4(b) of Form W-4P . . . . . . . .

1c $
2 $
3a $
3b $
4 $

5

$

6a $
6b $

6c
6d
6e
7

$
$
$
$

8a $
8b $
9

$

10 $

11 $

12 $

13 $
14 $
15 $
16 $
17 $

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2
3

Qualified passenger vehicle loan interest. If your total income is less than $100,000 ($200,000 if
married filing jointly), enter an estimate of your qualified passenger vehicle loan interest up to $10,000
Add lines 1a, 1b, and 1c. Enter the result here . . . . . . . . . . . . . . . . . . .
Seniors age 65 or older. If your total income is less than $75,000 ($150,000 if married filing jointly):
a Enter $6,000 if you are age 65 or older before the end of the year . . . . . . . . . . .
b Enter $6,000 if your spouse is age 65 or older before the end of the year and has a social security
number valid for employment . . . . . . . . . . . . . . . . . . . . . . .
Add lines 3a and 3b. Enter the result here . . . . . . . . . . . . . . . . . . . .
Enter an estimate of your student loan interest, deductible IRA contributions, educator expenses,
alimony paid, and certain other adjustments from Schedule 1 (Form 1040), Part II. See Pub. 505 for
more information . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1a $