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Get the free Forms W-8BEN and W-9 Compliance in Foreign and U S Business ...

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WEDNESDAY, AUGUST 15, 2012. Today×39’s ... Information about Form W-8BEN and its separate instructions is at ... 7 Reference number(s) (see instructions) ... Signature of beneficial owner (or individual
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How to fill out forms w-8ben and w-9

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How to fill out forms W-8BEN and W-9:

01
Obtain the required forms - Form W-8BEN and Form W-9 are both available on the Internal Revenue Service (IRS) website. You can download and print these forms.
02
Review the instructions - Before filling out the forms, carefully read the instructions provided by the IRS. The instructions will guide you on how to complete each section correctly.
03
Fill out the personal information - Both forms require you to provide personal information such as your name, address, and taxpayer identification number (TIN). Make sure to enter this information accurately.
04
Determine your classification - Form W-8BEN is used by non-U.S. individuals or entities claiming treaty benefits, while Form W-9 is used by U.S. individuals or entities providing their taxpayer identification number for tax reporting purposes. Determine your classification and fill out the appropriate form accordingly.
05
Provide certification - The forms require you to certify, under penalties of perjury, that the information you provided is true and correct. Carefully review the certification section and sign the form accordingly.
06
Submit the forms - Once you have completed the forms, make sure to keep a copy for your records and submit the original forms to the relevant parties, such as your employer, financial institution, or the IRS, as instructed.

Who needs forms W-8BEN and W-9?

01
Form W-8BEN: This form is required for non-U.S. individuals or entities who are claiming treaty benefits related to income earned in the United States. It is typically used by foreign individuals receiving income from U.S. sources, such as dividends, rents, or royalties.
02
Form W-9: U.S. individuals or entities who need to provide their taxpayer identification number for tax reporting purposes are required to fill out Form W-9. This form is commonly used by U.S. residents, including employees, independent contractors, and individuals receiving certain types of income, such as interest or rental income.
It is important to consult with a tax professional or refer to the official IRS guidelines if you have any specific questions or concerns when filling out forms W-8BEN and W-9 to ensure compliance with applicable tax regulations.
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Forms W-8BEN and W-9 are IRS tax forms used to collect information from individuals or entities for tax purposes.
Non-US persons or entities receiving income from US sources are required to file Form W-8BEN. US persons or entities making payments to others are required to file Form W-9.
Forms W-8BEN and W-9 must be filled out completely, providing accurate personal or entity information, and signed and dated as required.
The purpose of Forms W-8BEN and W-9 is to establish the status of the payee for tax withholding purposes.
Forms W-8BEN and W-9 require personal or business information such as name, address, tax identification number, and certification of status.
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