Are you subject to backup withholding?
If you are a U.S. citizen or resident, you may be subject to backup withholding on dividends, interest, and other types of payments. The backup withholding rate is currently 28%.
The backup withholding rules apply if:
– You do not furnish your taxpayer identification number (TIN) to the payer,
– The payer reasonably believes that you do not have a TIN, or
– The payer receives a notification from the IRS that backup withholding …
