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Withholding for Annuities and Pensions

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Beginning with distributions in 2022, Minnesota requires withholding on annuity and pension payments, unless the recipient requests that they have no withholding. Have the recipient use Form W-4MNP, Minnesota Withholding Certificate for Pension and Annuity Payments to determine the number of allowances for withholding or to decline withholding on these payments.

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