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2. What Is a W-9 Form? Here’s When You Need To Fill One Out - AOL

   www.aol.com/w-9-fill-one-163112301.html

   Line 4: Fill out this section if you’re exempt from backup withholding. Payments to independent contractors are usually not exempt, according to the IRS, nor are dividends, rents, royalties or ...

3. Form W-9 - Wikipedia

   en.wikipedia.org/wiki/Form_W-9

   The payer must collect withholding taxes on certain reportable payments for the IRS. However, if the payee certifies on the W-9 they are not subject to backup withholding they generally receive the full payment due them from the payer. [2] This is similar to the withholding exemption certifications found on Form W-4 for employees.

4. Backup withholding - Wikipedia

   en.wikipedia.org/wiki/Backup_Withholding

   If income tax has been withheld under backup withholding, individuals should claim credit for it on their tax return for the year in which the income was received. For more comprehensive information on backup withholding, refer to Publication 1281, "Backup Withholding for Missing and Incorrect Name/ TIN (s)", which outlines procedures for ...

5. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   The second purpose is to help the payee avoid backup withholding. The payer must collect withholding taxes on certain reportable payments for the IRS. However, if the payee certifies on the W-9 they are not subject to backup withholding they generally receive the full payment due them from the payer. [45]

6. Can I Stop Money From Being Withheld From My Tax Returns? - AOL

   www.aol.com/stop-money-being-withheld-tax...

   Backup withholding is money deducted for federal income taxes on some payments by banks and other payers. Backup withholding amounting to 24% of a payment may be required if a taxpayer who ...

7. Tax Withholdings: What You Should Know To Keep More of Your Money

   www.aol.com/tax-withholdings-know-keep-more...

   Federal withholding tax is a set amount of money withheld by your employer and paid directly to the government. Here's how much you'll pay in 2025.