Laserfiche WebLink
Form W-9 (Rev. 3-2024) <br />must obtain your correct taxpayer Identification number (TIN), which <br />may be your social security number (SSN), Individual taxpayer <br />Identification number (ITIN), adoption taxpayer Identification number <br />(ATIN), or employer Identification number (EIN), to report on an <br />Information return the amount paid to you, or other amount reportable <br />on an information return. Examples of information returns Include, but <br />are not limited to, the following. <br />• Form 1099-INT (interest earned or paid). <br />• Form 1099-DIV (dividends, including those from stocks or mutual <br />funds). <br />• Form 1099-MISC (various types of income, prizes, awards, or gross <br />proceeds). <br />• Form 1099-NEC (nonemployee compensation). <br />• Form 1099-B (stock or mutual fund sales and certain other <br />transactions by brokers). <br />• Form 1099-8 (proceeds from real estate transactions). <br />• Form 1099-K (merchant card and third -party network transactions). <br />• Form 1098 (home mortgage interest), 1098-E (student loan interest), <br />and 1098-T (tuition). <br />• Form 1099-0 (canceled debt). <br />• Form 1099-A (acquisition or abandonment of secured property). <br />Use Form W-9 only if you are a U.S. person (Including a resident <br />alien), to provide your correct TIN. <br />Caution: If you don't return Form W-9 to the requester with a TIN, you <br />might be subject to backup withholding. See What is backup <br />withholding, later. <br />By signing the filled -out form, you: <br />1. Certify that the TIN you are giving is correct (or you are waiting for a <br />number to be Issued); <br />2. Certify that you are not subject to backup withholding; or <br />3. Claim exemption from backup withholding if you are a U.S. exempt <br />payee; and <br />4. Certify to your non -foreign status for purposes of withholding under <br />chapter 3 or 4 of the Code (If applicable); and <br />5. Certify that FATCA code(s) entered on this form (If any) indicating <br />that you are exempt from the FATCA reporting is correct. See What Is <br />FATCA Reporting, later, for further information. <br />Note: If you are a U.S. person and a requester gives you a form other <br />than Form W-9 to request your TIN, you must use the requester's form If <br />it is substantially similar to this Form W-9. <br />Definition of a U.S. person. For federal tax purposes, you are <br />considered a U.S. person If you are: <br />• An individual who Is a U.S. citizen or U.S. resident alien; <br />• A partnership, corporation, company, or association created or <br />organized in the United States or under the laws of the United States; <br />• An estate (other than a foreign estate); or <br />• A domestic trust (as defined in Regulations section 301.7701-7). <br />Establishing U.S. status for purposes of chapter 3 and chapter 4 <br />withholding. Payments made to foreign persons, including certain <br />distributions. allocations of Income, or transfers of sales proceeds, may <br />be subject to withholding under chapter 3 or chapter 4 of the Code <br />(sections 1441-1474). Under those rules, If a Form W-9 or other <br />certification of non -foreign status has not been received, a withholding <br />agent, transferee, or partnership (payor) generally applies presumption <br />rules that may require the payor to withhold applicable tax from the <br />recipient, owner, transferor, or partner (payee). See Pub. 515, <br />Withholding of Tax on Nonresident Aliens and Foreign Entitles. <br />The following persons must provide Form W-9 to the payor for <br />purposes of establishing Its non -foreign status. <br />• In the case of a disregarded entity with a U.S. owner, the U.S. owner <br />of the disregarded entity and not the disregarded entity. <br />• In the case of a grantor trust with a U.S, grantor or other U.S. owner, <br />generally, the U.S. grantor or other U.S. owner of the grantor trust and <br />not the grantor trust. <br />• In the case of a U.S. trust (other than a grantor trust), the U.S. trust <br />and not the beneficiaries of the trust. <br />See Pub. 515 for more information on providing a Form W-9 or a <br />certification of non -foreign status to avoid withholding. <br />Foreign person. If you are a foreign person or the U.S, branch of a <br />foreign bank that has elected to be treated as a U.S. person (under <br />Regulations section 1.1441-1(b)(2)(ty) or other applicable section for <br />chapter 3 or 4 purposes), do not use Form W-9. Instead, use the <br />appropriate Form W-8 or Form 8233 (see Pub. 515). If you are a <br />qualified foreign pension fund under Regulations section 1.8970)-l(d), or <br />a partnership that Is wholly owned by qualified foreign pension funds, <br />that Is treated as a non -foreign person for purposes of section 1445 <br />withholding, do not use Form W-9, Instead, use Form W-8EXP (or other <br />certification of non -foreign status). <br />Nonresident alien who becomes a resident alien. Generally, only a <br />nonresident alien individual may use the terms of a tax treaty to reduce <br />or eliminate U.S. tax on certain types of income. However, most tax <br />treaties contain a provision known as a saving clause. Exceptions <br />specified in the saving clause may permit an exemption from tax to <br />continue for certain types of Income even after the payee has otherwise <br />become a U.S. resident alien for tax purposes. <br />If you are a U.S, resident alien who is relying on an exception <br />contained in the saving clause of atax treaty to claim an exemption <br />from U.S. tax on certain types of income, you must attach a statement <br />to Form W-9 that specifies the following five Items. <br />1. The treaty country. Generally, this must be the same treaty under <br />which you claimed exemption from tax as a nonresident alien. <br />2. The treaty article addressing the Income. <br />3. The article number (or location) in the tax treaty that contains the <br />saving clause and Its exceptions. <br />4. The type and amount of Income that qualifies for the exemption <br />from tax. <br />5. Sufficient facts to justify the exemption from tax under the terms of <br />the treaty article. <br />Example. Article 20 of the U.S.-China income tax treaty allows an <br />exemption from tax for scholarship Income received by a Chinese <br />student temporarily present in the United States. Under U.S. law, this <br />student will become a resident alien for tax purposes if their stay In the <br />United States exceeds 5 calendar years. However, paragraph 2 of the <br />first Protocol to the U.S.-China treaty (dated April 30, 1984) allows the <br />provisions of Article 20 to continue to apply even after the Chinese <br />student becomes a resident alien of the United States. A Chinese <br />student who qualifies for this exception (under paragraph 2 of the first <br />Protocol) and is relying on this exception to claim an exemption from tax <br />on their scholarship or fellowship income would attach to Form W-9 a <br />statement that Includes the Information described above to support that <br />exemption. <br />If you are a nonresident alien or a foreign entity, give the requester the <br />appropriate completed Form W-8 or Form 8233. <br />Backup Withholding <br />What Is backup withholding? Persons making certain payments to you <br />must under certain conditions withhold and pay to the IRS 24% of such <br />payments. This is called "backup withholding" Payments that may be <br />subject to backup withholding include, but are not limited to, interest, <br />tax-exempt Interest, dividends, broker and barter exchange <br />transactions, rents, royalties, nonemployee, pay, payments made in <br />settlement of payment card and third -party network transactions, and <br />certain payments from fishing boat operators. Real estate transactions <br />are not subject to backup withholding. <br />You will not be subject to backup withholding on payments you receive <br />if you give the requester your correct TIN, make the proper certifications, <br />and report all your taxable Interest and dividends on your tax return. <br />Payments you receive will be subject to backup withholding if: <br />1. You do not furnish your TIN to the requester; <br />2. You do not certify your TIN when required (see the instructions for <br />Part II for details); <br />3. The IRS tells the requester that you furnished an Incorrect TIN; <br />4. The IRS tells you that you are subject to backup withholding <br />because you did not report all your interest and dividends on your tax <br />return (for reportable interest and dividends only); or <br />5. You do not certify to the requester that you are not subject to <br />backup withholding, as described in Item 4 under "By signing the filled - <br />out form" above (for reportable interest and dividend accounts opened <br />after 1983 only). <br />