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Thursday, September 23, 2010 4:01:15 PM
Just as an employer gives you a W-2 for your year's salary (and also hands a copy of that to the IRS), this form is collected by the company so that they can report to the IRS how much they gave you for a dividend. That way the IRS knows how much to tax you on it.
It's the right step for this company to do things legitimately, tax-wise.
I've filled out several of these forms from various companies when I make affiliate sales of their products/services in my business.
Check my profile. Free Prize Inside!
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