Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Backup withholding for a 1120

mwaintman
Level 2

I have a C corp  that was subject to backup withholding. For some reason they didnt receive a 1099 but I have the amounts on their merchant tax summary. Do I report the payments as estimated tax paid? I called the IRS but they have no records of payments and I cant find anything online?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

2 Comments 2
Just-Lisa-Now-
Level 15
Level 15
They should have gotten a 1099K showing the withholding...thats what Ive seen when a business doesnt return the W9 to the merchant services company.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
TaxGuyBill
Level 15

@Just-Lisa-Now- wrote:
They should have gotten a 1099K showing the withholding...thats what Ive seen when a business doesnt return the W9 to the merchant services company.

 

But if the business didn't return the W-9 to the merchant, how is the merchant going to file a 1099-K?