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What kind of penalties can I face if I don’t provide my W-9s?

If you fail to furnish your correct TIN to a requester, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not willful neglect. If you make a false statement with no reasonable basis that results in no backup withholding you are subject to a $500 penalty. Willful falsifying certifications or affirmations may subject you to criminal penalties including fines and imprisonment.