AFS between KC and Ellensburg 26-27

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Form W-9 (Rev. 3-2024) Page 3 Certain payees and payments are exempt from backup withholding. See Exempt payee code, later, and the separate Instructio nS for the Requester of Form W-9 for more information. See also Estabfishing U.S. status for purposes of chapter 3 atd chapter 4 withholding, earlier. What Is FATCA Reporting? The Foreign Account Tax Compliance Act (FATCA) requires a participating foreign financial institution to report all U.S. account holders that are specified U.S. persons. Certain payees are exempt from FATCA reporting, See Exemption from FATCA repining code. later, and the Instructions for the Requester of Form W-B for mere information. Updating Your Information You must provide updated infommat,)n to any person to whom you claimed to be an exempt payee i you are no longer an exempt payee and anticipate receiving reportable payrnertts in the future from this person. For example, you may need to provide updated information if you are a C corporation that elects to be an S corporation, or if you are no longer tax exempt_ In addition. you must furnish a new Form W-9 if the name or TIN changes for the account, for example, if the grantor of a grantor trust dies_ penalties Failure to furnish TIN. If you fail to furnish your correct TIN to a requester, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to 'willful neglect. civil penalty for false information with respect to withholding. If you make a false statement with no reasonable basis that results in no backup withholding, you are subject to a $500 penalty. Criminal penalty for falsifying information. Willfully falsifying certifications or affirmations may subject you to criminal penalties including fines and/or imprisonment. Misuse of TINS. If the requesterdiscloses or uses Tills in violation of federal law, the requester may be subject to civil and criminal penalties. Specific Instructions Line 1 You must enter one of the following on this line; do not leave this line blank. The name should match the name on your tax return. If this Form W-9 is for a joint account (other than an account maintained by a foreign financial institution (FFf)). Hst first, and then circle, the name of the person or entity whose number you entered in Part I of Form W-9. If you are providing Form W4 to an FFI to document a joint account, each holder of the account that is a U.S. person must provide a Form W-9. • Individual. Generally, enter the name shown an your tax return, If you have changed your last name without informing the Social Security Administration (SSA) of the name change, enter your first name, the last name as shown on your social security Gard. and your new last name. Note for MN applicant: Enter your individual name as it was entered on your Form W-7 application, line I This should also be the same as the name you entered on the Farm 1040 you filed with your applicaton. • Sole proprietor. Enter your individual name as shown on your Form 1040 on [[no 1. Enter your business, trade. or "doing business as" [DBA) name on line 2. • Partnership, C corporation, S corporation, or LLC, other than a disregarded entity. Enter the entity's name as shown on the entity's tax return on line 1 and any business, trade. or DBA name on line 2. • tither entities. Enter your name as shown on required U.S. federal tax documents on line 1. This name should match the name shown on the charter or other leg at document creating the entity. Enter any business, trade, or DBA name on line 2. • Disregarded entity. In general, a business entity that has a single owner, including an LLC. and is not a corporation. is disregarded as an entity separate from its owner (a disregarded entity). See Regulations section 301,7701-2(c)(2). A disregarded entity should check the appropriate box for the tax classification of its owner. Enter the owner's name on line 1. The name of the owner entered on line 1 should never be a disregarded entity. The name on line 1 should be the name shown on the income tax return on which the income should be reported. For Kittitas County Agreement for Services (rev. 5/14/25) Page 18 of 21 example, if a foreign LLC that is treated as disregarded entity for U.S. federal tax purposes has a single owner that is a U.S. person, the U.S. owner's name is required to be provided on line 1, If the direct owner of the entity is also a disregarded entity. enter the first owner that is not disregarded for federal lax purposes. Enter the disregarded entity's name on line 2. If the owner of the disregarded entity is a foreign person, the owner must complete an appropriate Form W-8 instead of a Form W-9. This is the case even if the foreign person has a U.S. TIN, Line 2 If you have a business name. trade name. DBA name. or disregarded entity name, enter it on line 2. Line 3a Check the appropriate box on line 3a for the U.S. federal tax classification of the person whose name is entered on line 1. Check only one box on line 3a. IF the entity/individual on line 1 THEN check the box for.. . isafn)... • Corporation Corporation_ • Individual or Individuallsole proprietor_ • Sole proprietorship • LLC classified as a partnership Limited liability company and for U-S. federal tax purposes or enter the appropriate tax • LLC that has filed Form 8832 or classification: 2553 electing to be taxed as a P = Partnership, corporation C = C corporation, or S = S corporation. • Partnership Partnership_ • Trust/estate Trust/estate. Line 3b Check this box if you are a partnership (icluding an LLC classified as a partnership for U.S. federal tax purposes), trust or estate that has any foreign partners, owners. or beneficiaries. and you are providing this form to a partnership, trust, or estate. in which you have an ownership interest. You must check the box on line 3b 0 you receive a Form IN-8 (or documentary evidence) from any partner, ovrner, or beneficiary establishing foreign status or if you receive a Form W-9 from any partner, owner, or beneficiary that has checked the box on line 3b. Note: A partnership that provides a Form W-9 and checks box 3b may be required to complete Schedules K-2 and K-3 (Farm Ic6q. For more infornation, see the Partnership Instructions for Schedules K-2 and K-3 (Form 1065). if you are required to complete line 3b but fail to do so. you may not receive the information necessary to file a correct informafion return with the IRS or furnish a correct payee statement to yeur partners or beneficiaries. See. for example, sections 6698. W 22, and 6724 for penalties that may apply - Line 4 Exemptions If you are exempt from backup withholding and/or FATCA reporting, enter x1 the appropriate space on line 4 any codes) that may apply to you. Exempt payee code. • Generally, individuals (including sole proprietors) are not exempt from backup withholding. • Except as provided below, corporations are exempt from backup withholding for certain payments, including interest and dividends. • Corporations are not exempt from backup withholding for payments made in settlement of payment card or third -party network transactions. • Corporations are not exempt from backup withholding with respect to attomeys' fees or gross proceeds paid to attorneys, and corporations that provide medical or health care services are not exempt with respect to payments reportable on Form 10"-MISC, The Wowing codes identify payees that are exempt from backup withholding. Enter the appropriate node in the space on line 4. 1—An organization exempt from tax under section Sol (a), any IRA, or a custodial account undersection 403(b)(7) ri the account satisfies the requirements of section 401(Q(2).