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W-8ben Form: What You Should Know

Fill out the box below for your nationality and place of birth. If you’re filing Form W-8BEN to report foreign income, you must check, check, and then check the box next to the line below.5. If you are a foreign owner or beneficial owner, enter your foreign citizenship on this line. (See box below.) Do NOT include the foreign country of birth or place of birth on this line.6. If your last name does not end in or contain the letter “G,” “S,” or “Q,” leave it blank.7. Check “No.” If you are filing Form W-8BEN because you are a foreign person, check the box that asks if you are a U.S. resident and what your citizenship status is. Answer YES to this.8. If you are filing Form W-8BEN because you are a foreign entity, you will need to check the box below the box next to “Foreign Country of Citizenship.” Check YES to this. If you are filing Form W-8BEN to report foreign income, check the box next to “Foreign Country of Citizenship.” Check YES to this.9. If you are filing Form W-8BEN because you received a Form W-8BEN (and not Form 1040 or Form 1040NR) you should check this box. Check YES to this. If you are not a resident of the U.S. or there is no U.S. address listed on your Form W-8BEN, check the box next to “Foreign Country of Citizenship.” Do this to report income from foreign sources if you are a U.S. person: Do this to report income from foreign sources if you are a resident of a foreign country: Check “No, I am not a U.S. resident” if you have no U.S. address listed on Form W-8BEN. Check “No, I am a U.S. resident” if you have any U.S. address listed on Form W-8BEN. Do this to report certain payments or benefits from the United States, other than from foreign sources if the mayor is a U.S. person: Check “Yes, I am a U.S. resident” for the following income sources from the United States: Payments from the U.S.

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FAQ - W-8ben form

How can you fill out the W-8BEN form (no tax treaty)?
A payer of a reportable payment may treat a payee as foreign if the payer receives an applicable Form W-8 from the payee. Prthis Form W-8BEN to the requestor if you are a foreign individual that is a participating payee receiving payments in settlement of payment card transactions that are not effectively connected with a U.S. trade or business of the payee.As stated by Mr. Ivanov below, Since Jordan is not one of the countries listed as a tax treaty country, it appears that you would only complete Part I of the Form W-8BEN, Sign your name and date the Certification in Part III.http://www.irs.gov/pub/irs-pdf/i...Hope this is helpful.
When you start working as an independent contractor for companies like Leapforce/Appen, how do you file for taxes? Do you fill out the W-8BEN form?
Austin Martinu2019s answer is spot on. When you are an independent contractor, you are in business for yourself. In other words, you are the business! That means you must pay taxes, and since you arenu2019t an employee of someone else, you have to make estimated tax payments, which will be u201csquared upu201d at year end when you file your tax return
How does a Trinidadian fill out part II and part III of an W-8BEN form when opening an individual account?
For Part II you write in where you reside on Line 9 and on Line 10 the withholding rate from to 30% depending on which article of the US/Trinidad tax treaty applies to you.u00a0 Then write in the type of income and the treaty article that applies to your income. The most common are Article 9 for business profits or Article 11 for personal services, but not knowing your particular circumstance I can't say if one of those is correct for you.Part III only requires your signature and the date signed.u00a0 You are attesting that the statements in Part III are true.
How should I fill out Form W-8BEN from Nepal (no tax treaty) for a receipt royalty of a documentary film?
You are required to complete a Form W-8BEN if you are a non-resident alien and earned Royalty income (in this case) from a US-based source.The purpose of the form is to alert the IRS to the fact you are earning income from the US, even though you are not a citizen or a resident of the US. The US is entitled to tax revenues from your US-based earnings and would, without the form, have no way of knowing about you or your income.To ensure they receive their u201cfairu201d share, they require the payor to withhold 30% of the payment due to you, before issuing a check for the remainder to you. If they donu2019t withhold and/donu2019t report the payment to you, they may not be able to deduct the payment as an expense, and are subject to penalties for failing to withhold - not to mention forced to pay the 30% amount over and above what they pay to you. They therefore will not release any payment without receiving the Form W-8BEN.Now, Nepal happens not to have a tax treaty with the US. If it did and you were subject to Nepalese taxes on that income, you could claim a credit for the taxes paid to another country, up to the entire amount of the tax. Even still, you are entitled to file a US Form 1040N, as the withholding is charged on the gross proceeds and there may be expenses that can be deducted from that amount before arriving at the actual tax due. In that way, you may be entitled to a refund of some or all of the backup withholding.That is another reason why you file the form - it allows you to file a return in order to apply for a refund.In order to complete the form, you can go to the IRS website to read the instructions, or simply go here: https://www.irs.gov/pub/irs-pdf/...
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