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<p>A backup withholding is a federal tax on some forms of income that typically do not require any tax withholdings, such as 1099 and W2-G income. Individuals that earn this type of income may need to consider switching to a backup withholding deducted from their income.</p>
<p><a href="https://whatsnew2day.com/optima-tax-relief-provides-tax-facts-to-help-taxpayers-understand-backup-withholdings/">Optima Tax Relief provides tax facts to help Taxpayers understand Backup Withholdings</a></p><!-- /wp:html -->
A backup withholding is a federal tax on some forms of income that typically do not require any tax withholdings, such as 1099 and W2-G income. Individuals that earn this type of income may need to consider switching to a backup withholding deducted from their income.