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Originally Posted by LizVafiades My apologies - the site requires me to fill out a W-9 form, not W-8. |
Why did you receive FormW8 instead of 1099MISC ?? Basically, form W-8 is filled out by foreign entities , nonresident aliens, citizens and corporations, or etc in order to claim exempt status from certain tax withholdings. Also, I mean There are many different types of W-8 forms. these forms are typically requested by withholding agents, usually firms , biz/ brokers and not the IRS; The W8 form is used to declare an entity’s status as non-resident alien or foreign national who works inside of the US. The benefit is that these individuals receive a certain tax treaty status that affords them certain right, such as lower withholdings from dividends paid by US payors/corps. For example, brokers in US typically request Form W-8BENused to lower withholdings from dividends, from foreign nationals. Also, Form W-8ECI is used by foreign entities to certify that all income on the form is associated with trade or business within the US. This is slightly different from Form W-8BEN, which certifies allocated funds, such as dividends from stocks and mutual funds. Aslongas you are a US citizen/national resident even or tax purposes, then Form W8 is NOT for you.