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QUICK REFERENCE GUIDE FOR PUBLIC EMPLOYERS <br />"B" Notice <br />If the IRS sends you a CP2100 or CP2100A Notice indicating an incorrect payee TIN, you are <br />required to send the "B" Notice to the payer within 15 days from the date you received it, or the <br />date of the CP2100/2100A, whichever is later. See Publication 1281 for details. Begin backup <br />withholding no later than 30 business days after the date of the CP2100 notice or the date you <br />received it, whichever is later. Stop backup withholding no later than 30 days after the payee <br />furnishes a TIN and certifies that it is correct. <br />"C" Notice <br />If the IRS sends you a "C" notice indicating notified payee underreporting, you must withhold <br />on any reportable payment no later than 30 days after receipt. The IRS will notify you when to <br />stop withholding. <br />Payments Exempt from Backup Withholding <br />As noted above, backup withholding does not apply to wages. In addition payments from <br />pension or annuity plans, distributions from medical or health savings accounts, certain <br />gambling winnings not subject to other withholding, certain real estate transactions, and other <br />payments are exempt from the backup withholding rules. See the General Instructions for <br />Certain Information Returns. <br />Payees Exempt from Backup Withholding <br />Government entities are required to backup withhold. However, these entities themselves are <br />not subject to backup withholding by other payers. All of the following entities are exempt: <br />1. An organization exempt from tax under section 501(a), any IRA, or a custodial account <br />under section 403(b)(7) if the account satisfies the requirements of section 401(f)(2). <br />2. The United States or any of its agencies or instrumentalities. <br />3. A state, the District of Columbia, a possession of the United States, or any of their <br />political subdivisions or instrumentalities. <br />4. A foreign government or any of its political subdivisions, agencies, or instrumentalities. <br />5. An international organization or any of its agencies or instrumentalities. <br />For more information, see Publication 1281, Backup Withholding for Missing and Incorrect <br />Name/TIN(s), and General Instructions for Certain Information Returns <br />20 <br />