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Topic no. 307, Backup withholding

Tax Tip 2025-33, May 27, 2025 ¡ª IRS sends notices and letters when it needs to ask a question about a taxpayer¡¯s federal tax return, let them know about a change to their account or request a payment. Don¡¯t panic if mail comes from the IRS ¨C they¡¯re here to help.

We made changes to your return because we believe there¡¯s a miscalculation. As a result, you are due a refund.

I do not know my FATCA ID Number

FATCA registration form and agreement statuses

Information about Form 1096, Annual Summary and Transmittal of U.S. Information Returns, including recent updates, related forms and instructions on how to file. Form 1096 is used by filers of paper Forms 1099, 1098, 5498, and W-2G to transmit copies to IRS (not used to transmit electronically).

Information about Form 1099-OID, including recent updates, related forms, and instructions on how to file. File Form 1099-OID if the OID includible in gross income is at least $10 or any person for whom you withheld and paid any foreign tax on OID or from whom you withheld (and did not refund) any federal income tax under the backup withholding rules even if the amount of the OID is less than $10.

Information about Form 3921, Exercise of an Incentive Stock Option Under Section 422(b), including recent updates, related forms and instructions on how to file. Corporations file this form for each transfer of stock to any person pursuant to that person's exercise of an incentive stock option described in section 422(b).

Information about Form 1099-INT, Interest Income, including recent updates, related forms, and instructions on how to file. Form 1099-INT is used to report interest income.

Information about Form 1098, Mortgage Interest Statement, including recent updates, related forms and instructions on how to file. Use Form 1098 to report mortgage interest of $600 or more received by you from an individual, including a sole proprietor.