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Failure to Furnish a Correct TIN to a Requester Payer)can

Question 68

Multiple Choice

Failure to furnish a correct TIN to a requester payer) can result in a penalty to the payee of:


A) $500 maximum for failure to complete any W-9 forms as required.
B) $0,it is the responsibility of the payer requester) to have the correct information.
C) $0,but the taxpayer can be subject to fines and/or imprisonment if caught by an IRS agent.
D) $50 for each failure to complete the W-9.

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