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Videos With Tag: "IRS Requirements"

May 2012: Guidance on Reporting Interest Paid to Nonresident Aliens

May 2012: Guidance on Reporting Interest Paid to Nonresident Aliens

 The IRS has issued rules on reporting deposit interest payments to nonresident alien members. The rules require credit unions report interest income paid to nonresident aliens on deposits and applies to interest payments made on or after January...