기타 | What is backup withholding ?
페이지 정보
com관련링크
본문
cool님이 2010-09-04 19:16:03 에 쓰신글
I am a U.S. person.
1) I am subject to backup withholding
2) I am exempt from backup withholding.
-----------------------------------------------------
What is backup withholding ?
backup withholding 은
투자회사나 IRS 에서 님의 돈을 거두어 간다는, 즉 가져간다는겁니다.
Investment income is not typically subject to regular income tax withholding, but it may be subject to backup withholding to ensure that the IRS gets their money. In general terms, most payments that are reported on Form 1099 are potentially subject to backup withholding.
The backup withholding rate is currently 28%, which means that Ally withheld 28% of our interest earned. This amount will be sent to the IRS on our behalf, and will be reported on our 1099-INT at the end of the year.
Since it’s relatively late in the year, and the amount in question isn’t huge, this isn’t a big deal. Sure, we’ll lose the ability to immediately reinvest our interest, but it will be applied to our tax bill when it comes time to file 2009 taxes.
--------------------------
Who is subject to backup withholding?
According to the IRS (but boiled down into plain English) backup withholding applies if any of the following apply :
You have not given the payer your Tax ID number,
You have not certified to the payer that this number is correct,
The IRS has notified the payer than the number is incorrect,
The IRS has notified the payer to begin withholding because you have not reported all such income in the past, or
You have not certified that you are not subject to backup withholding
I’m guessing that it’s this last point that tripped us up. I have no idea what the Ally Bank signature cards look like, but I’d be willing to bet that they have a checkbox to certify that you’re not subject to backup withholding.
I am a U.S. person.
1) I am subject to backup withholding
2) I am exempt from backup withholding.
-----------------------------------------------------
What is backup withholding ?
backup withholding 은
투자회사나 IRS 에서 님의 돈을 거두어 간다는, 즉 가져간다는겁니다.
Investment income is not typically subject to regular income tax withholding, but it may be subject to backup withholding to ensure that the IRS gets their money. In general terms, most payments that are reported on Form 1099 are potentially subject to backup withholding.
The backup withholding rate is currently 28%, which means that Ally withheld 28% of our interest earned. This amount will be sent to the IRS on our behalf, and will be reported on our 1099-INT at the end of the year.
Since it’s relatively late in the year, and the amount in question isn’t huge, this isn’t a big deal. Sure, we’ll lose the ability to immediately reinvest our interest, but it will be applied to our tax bill when it comes time to file 2009 taxes.
--------------------------
Who is subject to backup withholding?
According to the IRS (but boiled down into plain English) backup withholding applies if any of the following apply :
You have not given the payer your Tax ID number,
You have not certified to the payer that this number is correct,
The IRS has notified the payer than the number is incorrect,
The IRS has notified the payer to begin withholding because you have not reported all such income in the past, or
You have not certified that you are not subject to backup withholding
I’m guessing that it’s this last point that tripped us up. I have no idea what the Ally Bank signature cards look like, but I’d be willing to bet that they have a checkbox to certify that you’re not subject to backup withholding.
작성일2010-09-04 20:29
cool님의 댓글
cool
자세한 답변 감사드립니다.
