Backup Withholding, The Forgotten Piece of the 1099 World
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    Backup Withholding, The Forgotten Piece of the 1099 World

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    Backup withholding, also known as backup tax withholding, is a federal requirement applied to payments made to independent contractors when their taxpayer identification number (TIN) is missing or incorrect. This withholding ensures income taxes are...

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    Backup Withholding, The Forgotten Piece of the 1099 World

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    ⏰ Last updated: Aug 21 ⏰

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