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*ES0194.1* February 20, 2004, ENGROSSED SENATE BILL No. 194 DIGEST OF SB 194 (Updated February 17, 2004 1:58 pm DI 107) Citations Affected: IC 127; IC 1213; IC 3133; IC 3134; IC 3137; IC 3430. Synopsis:
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What is 194 digest of sb?
The 194 digest of sb is a document that provides a summary of Section 194 of the Internal Revenue Code, which governs the withholding of taxes on certain types of payments.
Who is required to file 194 digest of sb?
Employers and payers who are responsible for making payments subject to withholding under Section 194 of the Internal Revenue Code are required to file the 194 digest of sb.
How to fill out 194 digest of sb?
To fill out the 194 digest of sb, you need to provide information about the types of payments made, the amounts withheld, and any other relevant details. This information is typically reported on a specified form or electronic filing system.
What is the purpose of 194 digest of sb?
The purpose of the 194 digest of sb is to ensure that appropriate taxes are withheld from certain payments as required by the Internal Revenue Code.
What information must be reported on 194 digest of sb?
The 194 digest of sb typically requires reporting of information such as the payee's name, taxpayer identification number, the type of payment made, the amount subject to withholding, and the amount withheld.
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