Military Pensions and Federal Tax Withholding
• Military pensions are subject to Federal taxes. • Most Military retirees are not eligible to claim exempt from withholding of federal taxes. • Having little or no federal tax withheld from a pension could result in additional Penalties and Interest. • Use Form W-4 (not Form W-4P) for federal tax withholding on military pensions. • For more information, please refer to IRS Publication 505, Tax Withholding and Estimated Tax.
For help with your Form W-4 use the search engine on www.irs.gov and input the word “calculator”. Click on “IRS Withholding Calculator” and fill in the information that applies to you.
Internal Revenue Service
Publication 4513 (12-2005) Catalog Number 47930Z