A notification will be sent to some merchants regarding the TIN (Tax Identification Number) mismatch. An action is required from all merchants that are receiving the message.
If you do not take the appropriate action to resolve this problem you may be subject to a required backup withholding. The Federal backup withholding is 28%, in addition to a possible State tax withholding (percentage varies by state).
- Send a W-9 form or their issued IRS Department of the Treasury SS-4 form in order to prevent federal backup withholding.
Please click here to view a copy of the notice we will be sending.