Form 4669

Form 4669

A form that one files with the IRS to declare any payment received on which income taxes, FICA taxes, or other taxes were not withheld. The form includes spaces to list the amount of the payment, as well as the names of the payer and payee. The form declares that all taxes were paid on the payment.
References in periodicals archive ?
Form 4669 abates the income tax assessed against the employer in an examination but does not abate penalties that the IRS may assess for failure to withhold tax.
The employer would be obligated to get a signed Form 4669 from each employee.
The preamble explains that employers will use Form 4669, Statement of Payments Received, and Form 4670, Request for Relief From Payment of Income Tax Withholding, to request relief from paying tax the employee has already paid.