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Exemption Codes for withholding on entities

Answered by: 

Question: 
Our signature is asking for an exempt code in the W-9 portion of the contract. What is it and where are the codes?
Answer: 

The exempt codes are in the instructions for the W-9 at IRS.gov. Typical ones that you might use are a “5” for corporations and a “1” for nonprofits or IRAs.
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First published on 07/07/2019

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