The California Employment Development Department has released a new version of the DE-4P, Withholding Certificate for Pension or Annuity Payments. This form is used to provide withholding information to withholding agents and account managers for distributions from pension or annuity payments.
The only changes to the form occurred on Worksheet B. The following updates were made:
- Changes to values to be entered on line 2 of Worksheet B
- Changes to calculation method of line 9 of Worksheet C
- Changes to values in all tables used to calculate Worksheet C (found at the bottom of page four)
To review the updated document in its entirety, please click [here|https://www.edd.ca.gov/pdf_pub_ctr/de4p.pdf].