W-9 / W-8

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Refunding Overpaid Invoices to Foreign Customers: W-8 BEN-E Requirements

Q. We incorrectly invoiced our foreign customer and the invoice was paid in full. We now need to… Read More

W-9 Signing Requirements and Acceptable Signatures: IRS Guidelines Included

Q. When should W9s be signed and are electronic signatures acceptable? Please also provide the IRS… Read More

Understanding foreign tax ID requirements on W-8 forms

Q. When is a foreign vendor required to complete the Foreign Tax ID box on the W-8 Forms? Should we… Read More

Navigating state filing requirements for 1099s for U.S. citizens abroad

Q. Every year my company has to file Form 1099s for a handful of U.S. citizens living abroad. Is… Read More

Navigating W-9 discrepancies and vendor payments

Q. What is the best practice when our office receives a W-9 where the Line 1 name does not match… Read More

Reporting payment to a resident alien

Q. We paid a foreign person for rental income in 2023, but during the year they moved to the US and… Read More

The IRS Releases Its Final 2024 Version of the W-9 Form

In March 2024, the IRS issued a final revised edition of Form W-9, Request for Taxpayer Identification Number and Certification. The 2024 version replaces the version that was previously published by… Read More

New Form W-9, rev. March 2024

Q. The IRS recently issued a new version of the Form W-9 (Rev. March 2024). What is the period of… Read More

Reviewing and Understanding the IRS Form W-9

IRS Form W-9 is the primary form used to solicit payee information your organization needs for Form 1099 tax information reporting compliance. An informed review of each W-9 when it’s