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		Withholding Taxes from Your Social Security Benefit Withholding Taxes from Your Social Security Benefit If you choose, you can have taxes withheld from your Social Security benefit. Here's how to do it: Complete IRS Form W-4V (Voluntary Withholding Request) Choose the percentage of your monthly benefit you want withheld: 7 percent, 10 percent, 15 percent, or 25 percent Sign and return the form to your local Social Security office IRS Form W-4V is also used to stop or change your withholding should you choose to do so later.

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