What this notice is about This notice is sent to provide a list of payees (taxpayers) to a payer upon their request. The list shows payees currently subject to backup withholding because of underreporting. What you need to do Protect the payee’s (taxpayer’s) information or you could be subject to civil damages for unauthorized disclosure (Internal Revenue Code section 7431). You may want to Read about backup withholding. Review Publication 1335, Backup Withholding Questions and AnswersPDF. View your payoff amount, payment history, or order transcripts using the Tax Account tool. Review Internal Revenue Code, (IRC) sections relative to backup withholding. IRC Sections 3403, 6651, 6656, 7201, 7202, and 7203. Frequently asked questions What is backup withholding? Backup withholding is withholding on mostly interest and dividend income that the payer will withhold when we instruct them to do so. What is the backup withholding rate? The current rate is 24% and can increase or decrease with the tax laws. How long will the payer continue backup withholding? The payer should continue until we instruct them to stop or until the payee provides written certification from us that they’re no longer subject to backup withholding. Reference tools Publication 1, Your Rights as a Taxpayer Publication 17, Your Federal Income Tax Full list of tax forms and instructions Нужна помощь? Вы можете уполномочить кого-либо (Английский) связываться с Налоговым управлением США (IRS) от вашего имени. Узнайте, имеете ли вы право на Консультации по вопросам налогообложения для малоимущих (Английский). Если вы не можете найти нужную информацию в Интернете, позвоните по номеру IRS, указанному в верхней части вашего уведомления или письма. Если вы не получили письмо или уведомление, воспользуйтесь помощью по телефону. Если вы не можете решить проблему штрафа самостоятельно, обратитесь в Службу консультативной поддержки для налогоплательщиков, независимую организацию в составе IRS.
