Mark
1 month agoIf the nominee does not pay tax in to the 945 for the sum owed. Might it not be caught out when you file an OID? They pay 24% tax and not paying it could boost profits for them imo.  I hear that they should send you a copy of the OID they submit to IRS re your mortgage for example. Which is a suspicious event that needs reporting via your own OID. Its a bit bizarre that nothing appears itemised. Just bulk payments.