Failure to provide SSN & withholding

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  • taxmandan
    replied
    Originally posted by SRR
    If estate beneficiary fails to provide SSN on W-9, would withholding apply to income or entire amount of distribution, and what are the potential problems for executor with filing a K1 without SSN? Thank you in advance.
    Withholding applies to the distribution, beneficiary doesn't get their inheritance until they provide the executor with the required information. End of story.

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    • SRR
      started a topic Failure to provide SSN & withholding

      Failure to provide SSN & withholding

      If estate beneficiary fails to provide SSN on W-9, would withholding apply to income or entire amount of distribution, and what are the potential problems for executor with filing a K1 without SSN? Thank you in advance.
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