The IRS recently published an updated version of Publication 1281, Backup Withholding for Missing and Incorrect Name/TIN(s). This publication provides guidance and procedures for issuing and receiving Notice CP2100 and CP2100A, backup withholding relating to incorrect names/TINs, and sample forms for soliciting TINs from information return recipients.
There is only one change to the publication, which is an update to the FAQ section:
- FAQ #13, p. 6: A new FAQ was added referring to TCCs and their presence on IRS notifications. TCCs generally belong to the transmitter of the information return, and this FAQ instructs recipients to contact the person or entity who transmitted their records to the IRS with TCC questions.
To review this publication in its entirety, please visit the IRS website by clicking here.
