Who pays backup withholding? 1.35K viewsOctober 10, 2022Banking and Finance 0 Sam Smith11.38K March 11, 2021 0 Comments Spread the loveSpread the love 1 Answer ActiveVotedNewestOldest 0 Blogolu28.38K Posted March 11, 2021 0 Comments Spread the loveBackup withholding is a tax withheld by a payer for withdrawn investment income. Backup withholding at a rate of 24% may be applied to taxpayers who provide an incorrect taxpayer identification number (TIN) or do not report certain types of income. Spread the love You are viewing 1 out of 1 answers, click here to view all answers. Login
