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Office of the State ControllerSelfAssessment of Internal Controls/Payroll Compliance CycleCompliance with the IRS Backup Withholding RequirementsBACKUP WITHHOLDING: The IRC 3406(a) requires payers
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How to fill out backup withholding

01
To fill out backup withholding, follow these steps:
02
Obtain a Form W-9 from the person or entity requesting backup withholding.
03
Fill out the Form W-9 completely and accurately, providing your name, address, and taxpayer identification number (TIN).
04
Check the box on the form indicating that you are subject to backup withholding.
05
Submit the completed Form W-9 to the person or entity requesting it.
06
Make sure to keep a copy of the Form W-9 for your records.

Who needs backup withholding?

01
Backup withholding is required for individuals or entities who have failed to provide a correct TIN to a payer when required.
02
Additionally, backup withholding may be required if the IRS or a payer notifies you that you are subject to backup withholding.

What is BACKUP WITHHOLDING: - qa osc nc Form?

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Backup withholding is a tax-related provision that requires the withholding of taxes on certain types of income.
Certain payers of income, such as businesses and individuals, are required to file backup withholding.
Backup withholding is typically filled out on a Form W-9 or Form 1099.
The purpose of backup withholding is to ensure that taxes are collected on certain types of income.
Information such as the payee's taxpayer identification number and the amount of income subject to backup withholding must be reported.
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