What this notice is about
This first notice is sent to tell the taxpayer they may be subject to backup withholding for unreported or unpaid interest or dividend income.
What you need to do
- File Form 1040, U.S. Individual Income Tax Return PDF, if you haven＊t already filed.
- Review your filed Form 1040 for underreported interest or dividend income.
- File an amended Form 1040 for any underreported interest or dividend income.
- Pay any taxes owed on Form 1040 with interest or dividend income.
You may want to
- Read about backup withholding.
- Review Publication 1335, Backup Withholding Questions and Answers PDF.
- View your payoff amount, payment history, or order transcripts using the Tax Account tool.
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.
ob极郤 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.
Tips for next year
Tips for next year
- File your tax return timely
- Report all interest and dividend income
- Pay all taxes due
?Necesita ayuda?
- Puede autorizar a alguien para comunicarse con el IRS en su nombre.
- Vea si califica para recibir ayuda de una .
- Si no puede encontrar lo que necesita en l赤nea, llame al n迆mero del IRS que se indica en la parte superior de su carta o aviso. Si no recibi車 una carta o aviso, utilice la asistencia telef車nica.
- Si no puede resolver la multa por su cuenta, comun赤quese con el Servicio del Defensor del Contribuyente, una organizaci車n independiente dentro del IRS.