When a customer does not provide a Taxpayer Identification Number (TIN) to the bank, the bank is required to withhold backup withholding at a rate of 28% from certain payments made to that customer. Additionally, the bank is required to annually request a TIN from the customer. In this scenario, Walter Johnson has not provided a TIN for either of his accounts at First National Bank. Therefore, the bank must withhold 28% of the payments on each account, and it must annually request a TIN on both accounts. Option A is incorrect because it does not mention the requirement to annually request a TIN. Option C is also incorrect because it does not mention the requirement to withhold backup withholding Option D is incorrect because the bank is not required to refuse to open future accounts without a TIN; however, it may be a bank policy to request a TIN for new accounts.