Tax Information
Change My Withholding
Monthly benefit payments are taxable income. You may update your withholding election at any time. Refer to the instructions provided by the IRS for complete details on providing withholding updates to TMRS.
Online
How to Change Withholding Online Through MyTMRS.
- Go to MyTMRS and follow the prompts to register and/or log in.
- Click on "Manage Your Withholding" on the top right of your dashboard.
By Form
Download IRS W-4P Withholding Certificate for Pension or Annuity Payments and send the form to TMRS either by mail or by fax.
Mail: P.O. Box 149153, Austin, TX 78714-9153
Fax: 512-476-5576
What Happens Next?
- After we receive the withholding instructions, we will make the changes to your account records.
- The total amount of federal income tax withheld and the total amount of your pension or monthly benefit payments each year are shown on your Form 1099-R, sent to you annually and available on MyTMRS.