Form NC-4P Withholding Certificate for Pension or Annuity Payments - North Carolina

What Is Form NC-4P?

This is a legal form that was released by the North Carolina Department of Revenue - a government authority operating within North Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form NC-4P?
A: Form NC-4P is a withholding certificate used for pension or annuity payments in North Carolina.

Q: Who needs to file Form NC-4P?
A: Individuals receiving pension or annuity payments in North Carolina may need to file Form NC-4P.

Q: What is the purpose of Form NC-4P?
A: The purpose of Form NC-4P is to determine the appropriate amount of income tax withholding for pension or annuity payments.

Q: Do I need to file Form NC-4P every year?
A: You may need to file Form NC-4P every year if there are changes to your income tax withholding status or if requested by the payer of your pension or annuity.

Q: When should I file Form NC-4P?
A: Form NC-4P should be filed as soon as possible after you begin receiving pension or annuity payments, or when changes to your income tax withholding status occur.

Q: Are there any penalties for not filing Form NC-4P?
A: Failure to file Form NC-4P could result in under-withholding of income taxes and may be subject to penalties and interest.

Q: Is Form NC-4P only for residents of North Carolina?
A: No, Form NC-4P is used by both residents and non-residents of North Carolina who receive pension or annuity payments in the state.