According to Treasury Regulation 301.6109-1(c), a payor is required to request the identifying number of the payee. If the payee does not provide their SSN or TIN despite the payor's request, the payor can use Form P-1 to file an affidavit with the Internal Revenue Service (IRS). This affidavit should state that the payor has made a request for the payee's identifying number, and the payee has not provided it.
By submitting this affidavit, the payor demonstrates that the failure to provide the required identifying number is due to reasonable cause and not willful neglect. If the IRS finds that the payor has a reasonable cause for not providing the SSN or TIN, they may waive the penalty (usually $50) assessed under 26 USC §6724(a).
This basic report will aid you to find out the time it'll require you to fill out form p 1, how many pages it's got, and a handful of additional specific specifics of the PDF.
| Question | Answer |
|---|---|
| Form Name | Form P-1 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | obtaining payee online, form reasonable cause, payor not payee, payor i identifying |
Form
Reasonable Cause Affidavit by Payor
For Not Obtaining Payee’s Identifying Number
uRelease From
Employer’s/Payor’s name and address
Employer identification number
Employer/Payor statement:
I _______________________________, being an officer of _____________________________________,
hereby state that I have asked for the identifying number of the employee/payee,
_____________________________________ who has declined to provide an identifying number. I am filing
this affidavit in accordance with 26 USC 6724, waiver of penalty (26 USC 6724(a)) assessed under the code upon a showing of reasonable cause, and Treasury Regulation
I certify that the information stated here is correct and that I asked the employee/payee for a taxpayer ID number (Social security number) and that the employee/payee declined to provide such number.
Employer/Payor signature
u |
Date u |
|
Employee/Payee information
Type or print employee/payee first name and initial |
Last name |
Social security number (write “None” if you do not have a SSN or “Declined” if you do not wish to provide a SSN)
Home address (number and street or rural route)
City or town, State and ZIP code
Employee/payee statement:
I ____________________________________ have
declined to provide an identifying number to my employer/payor, __________________________.
I certify that the information stated here is correct and the employer/payor did ask me for a taxpayer ID number (social security number) and that I declined to provide such number.
Employee/payee signature
u
Date u
26 USC §6724, waiver of penalty (26 USC §6724(a)) assessed under the code upon a showing of reasonable cause, and Treasury Regulation
does not know the SSN of the other person, and has complied with the request provision of this paragraph, he shall sign an affidavit on the transmittal document forwarding such returns, statements, or other documents to the Internal Revenue Service so stating. A payor is required to request the identifying number of the payee. If after such request has been made, the payee does not furnish the payor with an identifying number, the penalty ($50.00) will not be assessed against the payor, if it is shown that such failure is due to reasonable cause and not willful neglect. [See also 26 USC §6724, waiver of penalty (26 USC §6724(a)) assessed under the code upon a showing of reasonable cause.]
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