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| Definitions by InvestorWords.com |
| What is...? |
| Federal Income Tax Withheld (1099-INT) Shows backup withholding. Generally, a payer must backup withhold at a 30% rate if you did not furnish your taxpayer identification number to the payer. See Form W-9, Request for Taxpayer Identification Number and Certification, for information on backup withholding. Include this amount on your income tax return as tax withheld. |
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