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Get the free Substitute Form W-8BEN (Rev. October 2021) Certificate of Foreign Status of Benefici...

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CLEARPRINTSubstitute Form W8BEN (Rev. October 2021)Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals)Page 1 of 4international.schwab.com
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How to fill out substitute form w-8ben rev

01
Obtain the Substitute Form W-8BEN Rev from the Internal Revenue Service (IRS) website or your financial institution.
02
Fill out the form with your personal information, including your name, address, and tax identification number.
03
Declare your country of citizenship and provide any necessary documentation to support this declaration.
04
Determine the type of income for which you are claiming tax treaty benefits, if applicable.
05
Sign and date the form to certify that the information provided is true and accurate.

Who needs substitute form w-8ben rev?

01
Non-U.S. citizens who receive income from U.S. sources may need to fill out Substitute Form W-8BEN Rev to claim tax treaty benefits and avoid or reduce withholding taxes.
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The substitute Form W-8BEN (Rev) is a variant of the standard W-8BEN form used by foreign individuals to certify their foreign status and claim beneficial tax treaty rates on income earned in the United States.
Foreign individuals or entities who are receiving certain types of income from U.S. sources and wish to claim a reduced rate of withholding tax or exemption under an applicable tax treaty must file the substitute Form W-8BEN (Rev).
To fill out the substitute Form W-8BEN (Rev), individuals must provide personal identification details, such as their name, country of citizenship, and taxpayer identification number, and report the applicable tax treaty benefits they are claiming.
The purpose of the substitute Form W-8BEN (Rev) is to establish the foreign status of the individual or entity and to claim any applicable benefits under tax treaties that reduce U.S. withholding tax on income.
Key information that must be reported on the substitute Form W-8BEN (Rev) includes the individual's name, address, taxpayer identification number, country of citizenship, and the specific income type being received.
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