What is a common consequence of misusing tax forms like W-9?

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Misusing tax forms such as the W-9 can lead to legal penalties and fines, making this the correct choice. The W-9 form is primarily used to provide taxpayer identification information for the purposes of reporting income. If an individual or entity uses the form dishonestly—such as providing false information or using it to evade tax responsibilities—they could be subject to significant legal repercussions. This can include financial penalties, which may vary based on the severity of the misuse, and in some cases, criminal charges can be brought against those who deliberately commit fraud.

In contrast, increased tax deductions, availability of tax credits, or enhanced employee benefits are potential benefits of proper tax filing and compliance, but they are irrelevant in the context of misusing tax forms. Misuse typically results in negative outcomes rather than positive ones like deductions, credits, or benefits. Therefore, understanding the serious implications of improper tax form handling is essential for compliance and legal safety.

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