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Some savers may find themselves having 20 percent of their incomes withheld from interest and dividend payments because they did not give their bank or broker their Social Security number, warns the National Association of Tax Practitioners. The Internal Revenue Service is sending notices to banks, brokers and others who make interest and dividend payments, identifying individuals whose Social Security numbers do not match the numbers on their tax returns. The IRS is beginning rigorous enforcement of the backup withholding rules, which have been on the books for several years. Consumers who receive notices asking them to verify their Social Security numbers should do so, the association says.

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