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REGISTRATIONWAIVER FORM IndividualParticipant Last PiT

REGISTRATIONWAIVER FORM IndividualParticipant Last PiT

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in this video we'll be going over IRS form w4p the withholding certificate for periodic pension or annuity payments if you're familiar with the relatively new version of IRS form W4 which is your withholding certificate for your employer it's very similar so a few years back the tax cuts and jobs act uh forced a few changes in the tax code and one of those changes was to was for the IRS to basically come up with a more accurate way of uh doing tax withholdings from either wage payments such as on W4 or in this case periodic pension or annuity payments on IRS form w-4p so basically it's a five-step process just like with your form w four and then uh and it allows your withholdings to be a little bit more accurate and to incorporate a few more uh aspects of your tax return that that you know of uh so it'll make it easier for your emplo employer or in this case your payer to withhold uh the their correct amount of tax so we'll go through thi

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