Interest on deposits (Income Code 29). Once the fees paid for services rendered in the director's capacity as a board member are subject to U.S. tax (i.e.View Withholding Regulations and Employers Duties guide. An explanation of why you can't withhold taxes for outside directors (and other nonemployees), no matter how much they might want you to. This publication provides guidance on the tax withholding requirements for sales of California real property. S corporation owners who have to pay state income tax and unemployment tax can usually file these payments quarterly as with their federal taxes. Energy Transfer is one of North America's largest and most diversified midstream energy companies. Please be aware that forms will be displayed in a NEW browser window. The IRS issued Form 1099-NEC for use beginning with tax year 2020 instead of Form 1099-MISC. Public Act 95-644 created this homestead exemption for counties implementing the Alternative General Homestead Exemption (AGHE).