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If you do not collect backup withholding from affected payees

Revenue Bulletin 2003-26 at

as required, you may become liable for any uncollected

irb03-26.pdf.)

amount.

Payments made in settlement of payment card or third

Payees Exempt From Backup

party network transactions. Only payees listed in items 1

through 4 are exempt.

Withholding

Payments Exempt From Backup

Even if the payee does not provide a TIN in the manner

Withholding

required, you are generally not required to backup withhold

on any payments you make if the payee is:

Payments that are not subject to information reporting also

1. An organization exempt from tax under

are not subject to backup withholding. For details, see

section 501(a), any IRA, or a custodial account under section

sections 6041, 6041A, 6042, 6044, 6045, 6049, 6050A,

403(b)(7) if the account satisfies the requirements of section

6050N, and 6050W and their regulations. The following

401(f)(2);

payments are generally exempt from backup withholding.

2. The United States or any of its agencies or

Dividends and patronage dividends

instrumentalities;

Payments to nonresident aliens subject to withholding

3. A state, the District of Columbia, a possession of the

under section 1441.

United States, or any of their political subdivisions, agencies,

Payments to partnerships not engaged in a trade or

or instrumentalities;

business in the United States and that have at least one

4. A foreign government or any of its political

nonresident alien partner.

subdivisions, agencies, or instrumentalities; or

Payments of patronage dividends not paid in money.

5. A corporation;

Payments made by certain foreign organizations.

6. A dealer in securities or commodities required to

Section 404(k) distributions made by an ESOP.

possession of the United States;

Interest payments

Payments of interest on obligations issued by individuals.

7. A futures commission merchant registered with the

However, if you pay $600 or more of interest in the course of

Commodity Futures Trading Commission;

your trade or business to a payee, you must report the

8. A real estate investment trust;

payment. Backup withholding applies to the reportable

9. An entity registered at all times during the tax year

payment if the payee has not provided a TIN or has provided

under the Investment Company Act of 1940;

an incorrect TIN.

10. A common trust fund operated by a bank under

Payments described in section 6049(b)(5) to nonresident

section 584(a);

aliens.

Payments on tax-free covenant bonds under

11. A financial institution;

section 1451.

12. A middleman known in the investment community as a

Payments made by certain foreign organizations.

nominee or custodian; or

Mortgage or student loan interest paid to you.

13. A trust exempt from tax under section 664 or

described in section 4947.

Other types of payment

Wages.

The following types of payments are exempt from backup

Distributions from a pension, annuity, profit-sharing or

withholding as indicated for items 1 through 13 above.

stock bonus plan, any IRA, an owner-employee plan, or other

Interest and dividend payments. All listed payees are

deferred compensation plan.

exempt except the payee in item 7.

Distributions from a medical or health savings account and

long-term care benefits.

Broker transactions. All payees listed in items 1 through 4

Certain surrenders of life insurance contracts.

and 6 through 11 are exempt. Also, C corporations are

Distribution from qualified tuition programs or

exempt. A person registered under the Investment Advisers

Coverdell ESAs.

Act of 1940 who regularly acts as a broker is also exempt.

Gambling winnings if regular gambling winnings

Barter exchange transactions and patronage dividends.

withholding is required under section 3402(q). However, if

Only payees listed in items 1 through 4 are exempt.

regular gambling winnings withholding is not required under

section 3402(q), backup withholding applies if the payee fails

Payments reportable under sections 6041 and 6041A.

to furnish a TIN.

Payees listed in items 1 through 5are generally exempt.

Real estate transactions reportable under

However, the following payments made to a corporation

section 6045(e).

(including gross proceeds paid to an attorney under section

Cancelled debts reportable under section 6050P.

6045(f), even if the attorney is a corporation) and reportable

Fish purchases for cash reportable under

on Form 1099-MISC, Miscellaneous Income, are not exempt

section 6050R.

from backup withholding.

Payees and Account Holders Exempt

Medical and health care payments.

Attorneys' fees.

From FATCA Reporting

Gross proceeds paid to an attorney.

Reporting under chapter 4 (FATCA) with respect to U.S.

Payments for services paid by a federal executive agency.

persons generally applies only to foreign financial institutions

(See Rev. Rul. 2003-66, which is on page 1115 of Intenal

(FFI) (including a branch of a U.S. financial institution that is

-3-

Instr. for Req. of Form W-9 (Rev. 5-2013)

Instructions For The Requester Of Form W-9 - Request For Taxpayer Identification Number And Certification - 2013 Page 3

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