The 2023 version of the W-4R and W-4P were released January 9, 2023. In 2022, taxpayers had the option to use either the 2021 Form W-4P or the 2022 Forms W-4P and/or W-4R in 2022. However, beginning January 1, 2023, the 2023 W-4P and W-4R must be used. W-4P is now used only to make withholding elections for periodic pension or annuity payments. W-4R should be used for withholding elections for nonperiodic payments and eligible rollover distributions.
In addition to minor wording changes, the Marginal Rate Tables were updated for 2023. There were no other updates to the W-4R form.
To view the 2023 version of the W-4R, click here.
To view the 2023 version of the W-4P, click here.
