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Brown Cafe UPS Forum
UPS Retirement Topics
Pension at tax time
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<blockquote data-quote="Red Headed Stranger" data-source="post: 4862095" data-attributes="member: 90351"><p>You may be able to contact who administers your pension and have a certain percentage withheld from each check for Federal and State. If they don't withhold State of North Carolina, your best bet is to send in quarterly payments to avoid getting hit with a penalty at tax time for not paying in at least what the tax was on your prior year's return.</p></blockquote><p></p>
[QUOTE="Red Headed Stranger, post: 4862095, member: 90351"] You may be able to contact who administers your pension and have a certain percentage withheld from each check for Federal and State. If they don't withhold State of North Carolina, your best bet is to send in quarterly payments to avoid getting hit with a penalty at tax time for not paying in at least what the tax was on your prior year's return. [/QUOTE]
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Pension at tax time
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