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Withholding for Annuities and Pensions

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Beginning with payments made on or after January 1, 2022, Minnesota requires withholding on annuity and pension payments unless the recipient asks you not to withhold.

Have the recipient use Form W-4MNP, Minnesota Withholding Certificate for Pension and Annuity Payments to determine allowances or opt out of withholding on these payments.

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