Instructions For The Requester Of Form W-9 - Request For Taxpayer Identification Number And Certification - 2014

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Instructions for the
Department of the Treasury
Internal Revenue Service
Requester of Form W-9
(Rev. December 2014)
Request for Taxpayer Identification Number
and Certification
Section references are to the Internal Revenue Code unless
A domestic trust (as defined in Regulations section
otherwise noted.
301.7701-7).
Future Developments
A partnership may require a signed Form W-9 from its
U.S. partners to overcome a presumption of foreign status
and to avoid withholding on the partner's allocable share of
For the latest developments related to Form W-9 and its
the partnership's effectively connected income. For more
instructions, such as legislation enacted after they were
information, see Regulations section 1.1446-1.
published, go to
Advise foreign persons to use the appropriate Form W-8
Reminders
or Form 8233, Exemption From Withholding on
Compensation for Independent (and Certain Dependent)
Foreign Account Tax Compliance Act (FATCA). FATCA
Personal Services of a Nonresident Alien Individual. See
requires a participating foreign financial institution to report all
Pub. 515, Withholding of Tax on Nonresident Aliens and
U.S. account holders that are specified U.S. persons. Form
Foreign Entities, for more information and a list of the W-8
W-9 and the Instructions for the Requester of Form W-9 have
forms.
an Exemptions box on the front of the form that includes
entry for the Exempt payee code (if any) and Exemption from
Also, a nonresident alien individual may, under certain
FATCA Reporting Code (if any). The references for the
circumstances, claim treaty benefits on scholarships and
appropriate codes are in the Exemptions section of Form
fellowship grant income. See Pub. 515 or Pub. 519, U.S. Tax
W-9, and in the Payees Exempt from Backup Withholding
Guide for Aliens, for more information.
and Payees and Account Holders Exempt From FATCA
Electronic Submission of Forms W-9
Reporting sections of these instructions.
The Certification section in Part II of Form W-9 includes
Requesters may establish a system for payees and payees'
certification relating to FATCA reporting.
agents to submit Forms W-9 electronically, including by fax.
A requester is anyone required to file an information return. A
Payment card and third party network transactions.
payee is anyone required to provide a taxpayer identification
References to payments made in settlement of payment card
number (TIN) to the requester.
and third party network transactions are included in the
Purpose of Form section of Form W-9. For more information,
Payee's agent. A payee's agent can be an investment
see the Instructions for Form 1099-K, Payment Card and
advisor (corporation, partnership, or individual) or an
Third Party Network Transactions on IRS.gov. Also, visit
introducing broker. An investment advisor must be registered
with the Securities and Exchange Commission (SEC) under
the Investment Advisers Act of 1940. The introducing broker
Backup withholding rate. The backup withholding rate is
is a broker-dealer that is regulated by the SEC and the
28% for reportable payments.
National Association of Securities Dealers, Inc., and that is
TIN matching e-services. The IRS website offers TIN
not a payer. Except for a broker who acts as a payee's agent
Matching e-services for certain payers to validate name and
for “readily tradable instruments,” the advisor or broker must
TIN combinations. See Taxpayer Identification Number (TIN)
show in writing to the payer that the payee authorized the
Matching
advisor or broker to transmit the Form W-9 to the payer.
on page 4.
Electronic system. Generally, the electronic system must:
How Do I Know When To Use
Ensure the information received is the information sent,
Form W-9?
and document all occasions of user access that result in the
submission;
Use Form W-9 to request the taxpayer identification number
Make reasonably certain that the person accessing the
(TIN) of a U.S. person (including a resident alien) and to
system and submitting the form is the person identified on
request certain certifications and claims for exemption. (See
Form W-9, the investment advisor, or the introducing broker;
Purpose of Form on Form W-9.) Withholding agents may
Provide the same information as the paper Form W-9;
require signed Forms W-9 from U.S. exempt recipients to
Be able to supply a hard copy of the electronic Form W-9 if
overcome a presumption of foreign status. For federal
the Internal Revenue Service requests it; and
purposes, a U.S. person includes but is not limited to:
Require as the final entry in the submission an electronic
An individual who is a U.S. citizen or U.S. resident alien,
signature by the payee whose name is on
A partnership, corporation, company, or association
Form W-9 that authenticates and verifies the submission.
created or organized in the United States or under the laws of
The electronic signature must be under penalties of perjury
the United States,
and the perjury statement must contain the language of the
Any estate (other than a foreign estate), or
paper Form W-9.
Dec 15, 2014
Cat. No. 20479P

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