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From W-9 Instructions

Instructions for the Requester of Form W-9, Request for Taxpayer Identification Number and Certification

Rev. March 2024

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Department of the Treasury  
Internal Revenue Service  
Instructions for the  
Requester of Form W-9  
(Rev. March 2024)  
Request for Taxpayer Identification Number  
and Certification  
Section references are to the Internal Revenue Code unless  
otherwise noted.  
Partnership withholding under section 1446(f)(4) on  
distributions to transferees of non-PTP interests that failed to  
properly withhold under section 1446(f).  
The portion of the section 1446(a) regulations relating to  
withholding and reporting on distributions made by PTPs was  
expanded to allow certain additional entities to act as nominees  
for PTP distributions.  
For applicability dates for certain regulations under sections  
1446(a) and (f), see Notice 2021-51, available at IRS.gov/irb/  
Future Developments  
For the latest developments related to Form W-9 and its  
instructions, such as legislation enacted after they were  
published, go to IRS.gov/FormW9.  
What’s New  
Updated qualified intermediary (QI) agreement. The QI  
withholding agreement, entered into by the Internal Revenue  
Service (IRS) and certain foreign persons under Regulations  
section 1.1441-1(e), and outlined in Rev. Proc. 2017-15, expired  
December 31, 2022. New QI guidance effective January 1,  
2023, was published in Rev. Proc. 2022-43 and allows certain  
persons to enter into an agreement to simplify their obligations  
as withholding agents under chapters 3 and 4 of the Code and  
as payors under chapter 61 and section 3406 for amounts paid  
to their account holders. See Rev. Proc. 2022-43, available at  
Line 3a. We clarified that a Limited Liability Company (LLC) that  
is a disregarded entity should fill out line 3a by checking the  
appropriate box for the tax classification of its owner in the first  
row on line 3a. We also added guidance that provides clarity for  
disregarded entities completing lines 1 and 2. For proper  
processing, information for disregarded entities is reported as  
the owner’s name on line 1, and the disregarded entity’s name is  
entered on line 2.  
For an LLC that is not disregarded, line 3a has a single box to  
check and available entry space for the LLC to notate the proper  
tax classification as corporation, S corporation, or partnership  
(C, S, or P).  
Reminders  
We updated the Note in line 3a to emphasize this distinction  
for LLCs.  
Backup withholding rate. The backup withholding rate is 24%  
for reportable payments.  
Line 3b. A new line has been added for partnerships (including  
limited liability companies (LLCs) classified as partnerships for  
U.S. federal tax purposes), trusts, or estates to indicate if they  
have foreign partners, owners, or beneficiaries when providing  
this form to a flow-through entity in which it owns an interest. This  
change provides the flow-through entity with information  
regarding the status of its indirect foreign partners, owners, or  
beneficiaries, so that it can satisfy any applicable reporting  
requirements.  
Foreign Account Tax Compliance Act (FATCA) and backup  
withholding exemptions. FATCA requires a participating  
foreign financial institution (FFI) to report all U.S. account holders  
that are specified U.S. persons (generally individuals,  
partnerships, S corporations, LLCs and certain estates and  
trusts). Form W-9 has space to enter an Exempt payee code (if  
any) and Exemption from FATCA Reporting Code (if any). The  
references for the appropriate codes are in the Exemptions  
section of Form W-9, and in the Payees and Account Holders  
Exempt From FATCA Reporting section of these instructions.  
You are only required to verify that the box on line 3b has  
been properly checked if you are a flow-through entity that is  
otherwise required to obtain a new Form W-9 from your partner,  
owner, or beneficiary. You may rely on the information provided  
on line 3b unless you know that it is incorrect. If line 3b is  
completed (or if it has not been completed and you know that  
this is incorrect), you may be required to report on Schedules  
K-2 and K-3 (Form 1065) or otherwise provide the relevant  
information to your partner, owner, or beneficiary. See  
The Certification section in Part II of Form W-9 includes  
certification relating to FATCA reporting.  
Differences in chapter 3 and chapter 4. Withholding on  
certain U.S. source reportable payments under chapter 3 is  
different than withholding on certain withholdable payments to  
foreign entities that fail to report U.S. owners and account  
holders under chapter 4. These instructions cover the basics. A  
review of Pub. 515, Withholding of Tax on Nonresident Aliens  
and Foreign Entities, is essential to learn details associated with  
backup withholding not covered here.  
Partnership Instructions for Schedules K-2 and K-3 (Form 1065).  
Withholding and reporting under sections 1446(a) and (f)  
starting in 2023. Section 1446(f), added by P.L. 115-97,  
section 13501, enacted new rules for withholding on the transfer  
of a partnership interest.  
Purpose  
Chapter 3 provides that non-U.S. persons, whether individuals or  
entities, are subject to tax on their income that is effectively  
connected to a U.S. trade or business. A properly completed and  
signed Form W-9 can be relied upon to avoid backup  
In general, section 1446(f) applies to transfers of partnership  
interests occurring on or after January 1, 2018. However, certain  
withholding provisions of section 1446(f) apply to transfers after  
2022, including:  
withholding to a payee. However, a payor of certain information  
return reportable payments is subject to the withholding  
requirements under section 3406 (backup withholding), if:  
Transfers of interests in publicly traded partnerships (PTPs)  
under section 1446(f);  
Distributions made by PTPs (PTP distributions); and  
Mar 11, 2024  
Cat. No. 20479P  
1. A payee fails to furnish a taxpayer identification number  
(TIN);  
financial institutions (FFIs), and the substantial U.S. owners of  
certain foreign entities (more than a 10% ownership interest). A  
withholding agent must withhold 30% of any withholdable  
payment (with certain exceptions) to an FFI or non-financial  
foreign entity (NFFE) that fails to provide documentation that the  
withholding agent may rely upon to treat the payment as exempt  
or that fails to provide a certification that it does not have any  
substantial U.S. owners. See sections 1471 through 1474.  
2. IRS provides notification that a payee's TIN is incorrect;  
3. There has been a notified payee underreporting of  
payments of interest or dividends; or  
4. There has been a payee failure to certify that the payee is  
not subject to backup withholding.  
A payor must deduct, withhold, and deposit with IRS 24% of  
reportable payments made to that payee until the cause of the  
backup withholding is remedied.  
With a model 1 or 2 intergovernmental agreement (IGA),  
reporting FFIs must identify U.S. accounts and report information  
about U.S. account holders.  
Backup withholding liability. If you don’t collect backup  
withholding from affected payees as required, you may become  
liable for any uncollected amount.  
If a withholding agent makes a payment to a person that is not  
the payee, the withholding agent will be required to determine  
the chapter 4 status of each intermediary or flow-through entity  
in the payment chain until the withholding agent is able to identify  
the payee. Standards for determining when a withholding agent  
will be considered to have reason to know that a claim of  
exemption from withholding is unreliable or incorrect are outlined  
in Regulations section 1.1471-3(e)(4).  
Chapter 4. For chapter 4 purposes, Form W-9 is used to  
withhold on payments to foreign financial institutions (FFI) and  
non-financial foreign entities (NFFE) if they don't report all  
specified U.S. account holders. If an account holder fails to  
provide its TIN, then the withholding rate is 30%.  
See Regulations section 1.1471-3 for details regarding  
presumptions, valid documentation to determine payee status,  
and consequences for an agent that fails to withhold in  
accordance with the presumptions or that has actual knowledge  
or reason to know facts contrary to the presumptions. For  
information on exempt payees, see Payees and Account Holders  
TIN matching e-services. The IRS website offers TIN  
matching e-services for certain payors to validate name and TIN  
Matching, later.  
Background. Chapter 3  
Section 1446(f) generally requires that if a portion of a gain on  
any disposition of an interest in a partnership would be treated  
under section 864(c)(8) as effectively connected income (ECI),  
the transferee purchasing an interest from a non-U.S. transferor  
must withhold a tax equal to 10% of the amount realized, unless  
an exception applies. The amount of gain or loss treated as ECI  
is equal to the distributive share of ECI that would be allocated to  
the transferring partner if the partnership sold all of its assets as  
of the date of the transfer. (The partner is deemed to have sold  
its proportionate share of the assets the partnership uses in its  
U. S. trade or business.) If a partnership also holds one or more  
U. S. real property interests, at the time of the disposition of the  
interest, the gain or loss treated as ECI is figured under  
Individual Taxpayer Identification  
Number (ITIN)  
Form W-9 (or an acceptable substitute) is used by persons  
required to file information returns with the IRS to get the payee's  
(or other person's) correct name and TIN. For individuals, the  
TIN is generally a social security number (SSN).  
However, in some cases, individuals who become U.S.  
resident aliens for federal tax purposes are not eligible to obtain  
an SSN. This includes certain resident aliens who must receive  
information returns but who cannot obtain an SSN.  
Regulations section 1.864(c)(8)-1(c).  
These individuals must apply for an ITIN on Form W-7,  
Application for IRS Individual Taxpayer Identification Number,  
unless they have an application pending for an SSN. Individuals  
who have an ITIN must provide it on Form W-9.  
Generally, a presumption of foreign status is required if a  
properly completed and signed Form W-9 is not received. A  
payee may rebut any presumption by providing reliable  
documentation to the withholding agent or, if applicable, to the  
IRS.  
If the transferor furnishes an affidavit stating, under penalty of  
perjury, the transferor's U.S. TIN and that the transferor is not a  
foreign person, then no withholding is required for a disposition.  
Withholding is required if the transferee has actual knowledge  
that the affidavit is false, or the transferee receives a notice from  
an agent that the statement is false, or the IRS requires the  
transferee to furnish a copy of the affidavit/statement and the  
transferee fails to furnish a copy.  
Note. ITINs that haven’t been included on a U.S. federal tax  
return at least once in the last 3 consecutive tax years will expire.  
Expired ITINs must be renewed in order to avoid delays in  
processing the ITIN holder’s tax return. If the IRS deactivates the  
ITIN because it has expired, the ITIN may still be used on Form  
W-9. However, the ITIN holder will have to apply to renew the  
deactivated ITIN if there is a need to file a tax return. For more  
information, see the Instructions for Form W-7.  
Substitute Form W-9  
If the transferee fails to withhold, the partnership is required to  
withhold from distributions to the transferee a tax (equal to the  
amount the transferee failed to withhold, plus interest). See  
generally T.D. 9926.  
You may develop and use your own Form W-9 (a substitute Form  
W-9) if its content is substantially similar to the official IRS Form  
W-9 and it satisfies certain certification requirements.  
A valid Form W-9, or a substitute form, must contain the  
payee's name and TIN and be signed and dated under penalties  
of perjury by the payee or a person authorized to sign for the  
payee. A foreign person, including a U.S. branch of a foreign  
person that is treated as a U.S. person under Regulations  
section 1.1441-1(b)(2)(iv) or a foreign branch of a U.S. financial  
institution that is a QI, may not provide a Form W-9.  
Background. Chapter 4  
U.S. persons are subject to tax on worldwide income from all  
sources including income generated outside of the United  
States. It is not illegal or improper for U.S. taxpayers to own  
offshore structures, accounts, or assets. However, taxpayers  
must comply with income tax and information reporting  
requirements associated with these offshore activities.  
You may incorporate a substitute Form W-9 into other  
business forms you customarily use, such as account signature  
cards. However, the certifications on the substitute Form W-9  
The Foreign Account Tax Compliance Act (FATCA) of 2010  
aims at getting information regarding account holders of foreign  
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Instr. for Req. of Form W-9 (Rev. 3-2024)  
must clearly state (as shown on the official Form W-9) that under  
penalties of perjury:  
Alternative rule. You may also elect to backup withhold during  
this 60-day period, after a 7-day grace period, under one of the  
two alternative rules discussed below.  
1. The payee's TIN is correct,  
Option 1. Backup withhold on any reportable payments if the  
payee makes a withdrawal from the account after the close of 7  
business days after you receive the awaiting-TIN certificate.  
Treat as reportable payments all cash withdrawals in an amount  
up to the reportable payments made from the day after you  
receive the awaiting-TIN certificate to the day of withdrawal.  
Option 2. Backup withhold on any reportable payments made  
to the payee's account, regardless of whether the payee makes  
any withdrawals, beginning no later than 7 business days after  
you receive the awaiting-TIN certificate.  
2. The payee is not subject to backup withholding due to  
failure to report interest and dividend income,  
3. The payee is a U.S. person, and  
4. The FATCA code entered on this form (if any) indicating  
that the payee is exempt from FATCA reporting is correct.  
You may provide certification instructions on a substitute  
Form W-9 in a manner similar to the official form. If you are not  
collecting a FATCA exemption code by omitting that field from  
the substitute Form W-9, see Payees and Account Holders  
Exempt From FATCA Reporting, later. Notify the payee that item  
4 does not apply.  
The 60-day exemption from backup withholding does  
not apply to any payment other than interest, dividends,  
!
CAUTION  
and certain payments relating to readily tradable  
You may not:  
instruments. Any other reportable payment, such as  
nonemployee compensation, is subject to backup withholding  
immediately, even if the payee has applied for and is awaiting a  
TIN.  
1. Use a substitute Form W-9 that requires the payee, by  
signing, to agree to provisions unrelated to the required  
certifications, or  
2. Imply that a payee may be subject to backup withholding  
unless the payee agrees to provisions on the substitute form that  
are unrelated to the required certifications.  
Even if the payee gives you an awaiting-TIN certificate, you must  
backup withhold on reportable interest and dividend payments if  
the payee does not certify, under penalties of perjury, that the  
payee is not subject to backup withholding.  
A substitute Form W-9 that contains a separate signature line  
just for the certifications satisfies the requirement that the  
certifications be clearly stated.  
If you do not collect backup withholding from affected payees as  
required, you may become liable for any uncollected amount.  
If a single signature line is used for the required certifications  
and other provisions, the certifications must be highlighted,  
boxed, printed in bold-face type, or presented in some other  
manner that causes the language to stand out from all other  
information contained on the substitute form. Additionally, the  
following statement must be presented to stand out in the same  
manner as described above and must appear immediately  
above the single signature line:  
For payees exempt from backup withholding, see Payees  
Exempt From Backup Withholding. For payments exempt from  
backup withholding, see Payments Exempt From Backup  
How Do I Know When To Use  
Form W-9?  
Use Form W-9 to request the taxpayer identification number  
(TIN) of a U.S. person (including a resident alien) and to request  
certain certifications and claims for exemption. (See Purpose of  
Form on Form W-9.) Withholding agents, defined later, may  
require signed Forms W-9 from U.S. exempt recipients to  
overcome a presumption of foreign status. For federal tax  
purposes, a U.S. person includes, but is not limited to:  
“The IRS does not require your consent to any provision of  
this document other than the certifications required to avoid  
backup withholding.”  
If you use a substitute form, you are required to provide the  
Form W-9 instructions to the payee only if he or she requests  
them. However, if the IRS has notified the payee that backup  
withholding applies, then you must instruct the payee to strike  
out the language in the certification that relates to  
An individual who is a U.S. citizen or U.S. resident alien;  
A partnership, corporation, company, or association created  
or organized in the United States or under the laws of the United  
States;  
underreporting. This instruction can be given orally or in writing.  
See item 2 of the Certification on Form W-9. You can replace  
“defined below” with “defined in the instructions” in item 3 of the  
Certification on Form W-9 when the instructions will not be  
provided to the payee except upon request. For more  
Any estate (other than a foreign estate); or  
A domestic trust (as defined in Regulations section  
301.7701-7).  
information, see Rev. Proc. 83-89,1983-2 C.B. 613, amplified by  
Rev. Proc. 96-26, which is on page 22 of Internal Revenue  
Bulletin 1996-8, available at IRS.gov/pub/irs-irbs/irb96-08.pdf.  
Submission of a signed Form W-9 or other certification of  
non-foreign status may be required from a U.S. person to avoid  
withholding applicable to foreign persons when:  
A withholding agent makes a reportable payment of an  
TIN Applied For  
amount subject to withholding under sections 1441–1443 or a  
withholdable payment under sections 1471–1474.  
For interest and dividend payments and certain payments with  
respect to readily tradable instruments, the payee may return a  
properly completed, signed Form W-9 to you with “Applied For”  
written in Part I. This is an “awaiting-TIN” certificate. The payee  
has 60 calendar days, from the date you receive this certificate,  
to provide a TIN. If you do not receive the payee's TIN at that  
time, you must begin backup withholding on payments.  
A transferor disposes of a U.S. real property interest and the  
amount realized is subject to withholding under section 1445(a).  
A U.S. real property holding corporation, certain real estate  
investment trusts (REITs), regulated investment companies  
(RICs), or certain partnerships makes a distribution subject to  
withholding under section 1445(e).  
A partnership is required to withhold under section 1446(a) on  
Reserve rule. You must backup withhold on any reportable  
payments made during the 60-day period if a payee withdraws  
more than $500 at one time, unless the payee reserves an  
amount equal to the current year's backup withholding rate on all  
reportable payments made to the account.  
a partner's allocable share of the partnership's effectively  
connected taxable income.  
A transferor transfers an interest in a partnership engaged in a  
trade or business within the United States and the amount  
realized is subject to withholding under section 1446(f)(1).  
3
Instr. for Req. of Form W-9 (Rev. 3-2024)  
Generally, if a Form W-9 or other certification of non-foreign  
status has not been received, the rules under chapters 3 and 4  
require the withholding agent, transferee, or partnership (payor)  
to presume that the recipient, owner, transferor, or partner  
(payee) is subject to withholding and payment of the applicable  
withholding tax.  
requester is anyone required to file an information return. A  
payee is anyone required to provide a taxpayer identification  
number (TIN) to the requester. A payee is the holder of the  
account except if there is a QI, or a foreign person acting as  
agent or intermediary for a payment.  
Electronic system. Generally, the electronic system must:  
Ensure the information received is the information sent, and  
See Pub. 515 for more information.  
document all occasions of user access that result in the  
submission;  
A participating foreign financial institution (PFFI) should  
request Form W-9 from an account holder that is a U.S. person.  
If an account is jointly held, the PFFI should request a Form W-9  
from each holder that is a U.S. person. A recalcitrant account  
holder is an account holder that is not an FFI and that fails to  
comply with documentation or information requests from an FFI  
in which it holds an account. In the case of such clients, PFFIs  
must withhold 30% on all U.S. withholdable payments as defined  
by the IRS FATCA regulations.  
Make reasonably certain that the person accessing the  
system and submitting the form is the person identified on Form  
W-9, the investment advisor, or the introducing broker;  
Provide the same information as the paper Form W-9;  
Be able to supply a hard copy of the electronic Form W-9 if  
the IRS requests it; and  
Require as the final entry in the submission an electronic  
signature by the payee whose name is on Form W-9 that  
authenticates and verifies the submission. The electronic  
signature must be under penalties of perjury, and the perjury  
statement must contain the language of the paper Form W-9.  
A partnership that receives a signed Form W-9 that has  
box 3b checked from any of its partners, indicating that the  
partner has (direct or indirect) foreign partners, owners, or  
beneficiaries, may be required to complete Schedules K-2 and  
K-3 (Form 1065).  
For Forms W-9 that are not required to be signed, the  
electronic system need not provide for an electronic  
signature or a perjury statement.  
TIP  
Advise foreign persons to use the appropriate Form W-8 or  
Form 8233, Exemption From Withholding on Compensation for  
Independent (and Certain Dependent) Personal Services of a  
Nonresident Alien Individual. See Pub. 515 for a list of the W-8  
forms.  
For more details, see:  
Announcement 98-27, which is on page 30 of Internal  
Revenue Bulletin 1998-15, available at IRS.gov/pub/irs-irbs/  
Announcement 2001-91, which is on page 221 of Internal  
Establishing U.S. Status for Purposes  
of Chapter 3 and Chapter 4  
Revenue Bulletin 2001-36 at IRS.gov/pub/irs-irbs/irb01-36.pdf.  
Responsibility of a Withholding Agent/Qualified  
Intermediary (QI)/Nominee  
Withholding  
Under chapters 3 and 4 of the Internal Revenue Code:  
Payee's agent. A payee's agent can be an investment advisor  
(corporation, partnership, or individual) or an introducing broker.  
An investment advisor must be registered with the Securities and  
Exchange Commission (SEC) under the Investment Advisers Act  
of 1940. The introducing broker is a broker-dealer that is  
regulated by the SEC and the Financial Industry Regulatory  
Authority (FINRA), and that is not a payor. Except for a broker  
who acts as a payee's agent for “readily tradable instruments,”  
the advisor or broker must show in writing to the payor that the  
payee authorized the advisor or broker to transmit the Form W-9  
to the payor.  
A withholding agent that makes a payment of an amount  
subject to withholding or a withholdable payment to a foreign  
person generally must withhold and pay a withholding tax under  
sections 1441–1443 or 1471–1474.  
A transferee of a U.S. real property interest from a foreign  
transferor generally must withhold and pay a withholding tax  
under section 1445(a).  
A U.S. real property holding corporation, certain REITs or  
RICs, and certain partnerships must withhold and pay a  
withholding tax under section 1445(e) on certain distributions to  
a foreign person.  
A withholding agent may be an individual, corporation,  
partnership, trust, association, or any other entity, including (but  
not limited to) any foreign intermediary, foreign partnership, or  
U.S. branch of certain foreign banks and insurance companies. If  
several persons qualify as withholding agents for a single  
payment, the tax must only be withheld once.  
A partnership that conducts a trade or business in the United  
States generally must withhold and pay a withholding tax under  
section 1446(a) on any foreign partner's allocable share of  
effectively connected taxable income from such business.  
A transferee of an interest in a partnership engaged in a trade  
or business within the United States from a foreign transferor  
generally must withhold and pay a withholding tax under section  
1446(f)(1).  
A withholding agent is any person, U.S. or foreign, in  
whatever capacity acting, that has the control, receipt, custody,  
disposal, or payment of a withholdable payment or foreign  
pass-through payment. Generally, a withholding agent can  
reliably associate a withholdable payment with valid  
In the cases below, the following person must be the one that  
provides the Form W-9 to the payor for purposes of establishing  
its non-foreign status.  
documentation if, before the payment, it has obtained (either  
directly from the payee or through its agent) valid documentation  
appropriate to the payee's chapter 4 status, it can reliably  
determine how much of the payment relates to the valid  
documentation, and it does not know (or have reason to know)  
that any of the information, certifications, or statements in, or  
associated with, the documentation are unreliable or incorrect.  
In the case of a disregarded entity with a U.S. owner, the U.S.  
owner of the disregarded entity and not the disregarded entity.  
In the case of a grantor trust with a U.S. grantor or other U.S.  
owner, generally, the U.S. grantor or other U.S. owner of the  
grantor trust and not the grantor trust.  
In the case of a U.S. trust (other than a grantor trust), the U.S.  
trust and not the beneficiaries of the trust.  
See Pub. 515 for more information.  
A withholding agent that is making a withholdable payment to  
a nonqualified intermediary, for which a withholding statement is  
required under chapters 3 or 4, may accept a withholding  
statement that meets the requirements described in Regulations  
section 1.1471-3(c)(3). A nonqualified intermediary (NQI) is an  
Electronic Submission of Forms W-9  
Requesters may establish a system for payees and payees'  
agents to submit Forms W-9 electronically, including by fax. A  
4
Instr. for Req. of Form W-9 (Rev. 3-2024)  
intermediary that has not entered into any agreement with the  
IRS, and NQIs generally do not have any obligations other than  
passing up information regarding the persons for whom they  
receive payments so that upstream withholding agents can  
withhold and report as required.  
6. A dealer in securities or commodities required to register  
in the United States, the District of Columbia, or a U.S.  
commonwealth or territory;  
7. A futures commission merchant registered with the  
Commodity Futures Trading Commission;  
8. A real estate investment trust;  
A certificate or other documentation becomes invalid on the  
date that the withholding agent knows (or has reason to know)  
that circumstances affecting the correctness of the certificate or  
documentation have changed. See Pub. 515 for examples. For  
due diligence requirements applicable to withholding agents  
under chapter 4, see Regulations section 1.1471-3.  
9. An entity registered at all times during the tax year under  
the Investment Company Act of 1940;  
10. A common trust fund operated by a bank under  
section 584(a);  
11. A financial institution as defined under section 581;  
The Qualified Intermediary (QI) system is designed to simplify  
withholding and reporting obligations under Regulations section  
1.1441-1(e)(5) and allows an FFI, or foreign branches of a U.S.  
financial institution, to receive favorable documentation,  
reporting, and withholding tax treatment. A QI must provide a  
withholding agent with the Forms W-9 or disclose the names,  
addresses, and taxpayer identifying numbers, if known, of those  
U.S. non-exempt recipients for whom the QI receives reportable  
amounts to the extent required in the QI's agreement with the  
IRS. See Regulations section 1.1441-1(e)(5). For additional  
withholding and reporting provisions applicable to QIs under  
chapters 3 and 4, see Rev. Proc. 2022-43, available at  
12. A middleman known in the investment community as a  
nominee or custodian; or  
13. A trust exempt from tax under section 664 or described in  
section 4947.  
The following types of payments are exempt from backup  
withholding as indicated for payees listed in 1 through 13 above.  
Interest and dividend payments. All listed payees are exempt  
except the payee in item 7.  
Broker transactions. All payees listed in items 1 through 4 and  
6 through 11 are exempt. Also, C corporations are exempt. A  
person registered under the Investment Advisers Act of 1940  
who regularly acts as a broker is also exempt.  
For information for QIs, nominees, and brokers carrying out  
transfers of an interest in a PTP, see Regulations section  
1.1446(f)-4. See also Notice 2023-8, available at IRS.gov/irb/  
Barter exchange transactions and patronage dividends.  
Only payees listed in items 1 through 4 are exempt.  
Payments reportable under sections 6041 and 6041A.  
Payees listed in items 1 through 5 generally are exempt.  
Section 1445. For a disposition of a U.S. real property interest,  
the transferee generally is required to withhold 15% of the  
amount realized. See Pub. 515. For definitions of a U.S. real  
property interest and a U.S. real property holding company, see  
section 897.  
However, the following payments made to a corporation and  
reportable on Form 1099-MISC, Miscellaneous Information, are  
not exempt from backup withholding.  
Medical and health care payments.  
Attorneys' fees (also gross proceeds paid to an attorney,  
Payees Exempt From Backup  
Withholding  
reportable under section 6045(f)).  
Payments for services paid by a federal executive agency.  
(See Rev. Rul. 2003-66, which is on page 1115 of Internal  
Revenue Bulletin 2003-26, available at IRS.gov/pub/irs-irbs/  
Certain payees are exempt from backup withholding with respect  
to the payments below, and should enter the corresponding  
exempt payee code on Form W-9. You may rely on the payee’s  
claim of exemption unless you have actual knowledge that the  
exempt payee code and/or classification selected are not valid,  
or if they are inconsistent with each other. In that case, you may  
rely on the Form W-9 for purposes of obtaining the payee’s TIN,  
but you must treat the payee as non-exempt. If the payee failed  
to enter an exempt payee code, but the classification selected  
indicates that the payee is exempt, you may accept the  
Payments made in settlement of payment card or third par-  
ty network transactions. Only payees listed in items 1 through  
4 are exempt.  
Payments Exempt From Backup  
Withholding  
Payments that are not subject to information reporting also are  
not subject to backup withholding. For details, see sections  
6041, 6041A, 6042, 6044, 6049, and 6050N and their  
regulations. The following payments generally are exempt from  
backup withholding.  
classification and treat the payee as exempt unless you have  
actual knowledge that the classification is not valid.  
If the payee is not exempt, you are required to backup  
withhold on reportable payments if the payee does not provide a  
TIN in the manner required or does not sign the certification, if  
required. Exempt payees include:  
1. An organization exempt from tax under  
section 501(a), any IRA, or a custodial account under section  
403(b)(7) if the account satisfies the requirements of section  
401(f)(2);  
Dividends and patronage dividends.  
Payments to nonresident aliens subject to withholding under  
section 1441.  
Payments to partnerships not engaged in a trade or business  
in the United States and that have at least one nonresident alien  
partner.  
Payments of patronage dividends not paid in money.  
Payments made by certain foreign organizations.  
Section 404(k) distributions made by an employee stock  
2. The United States or any of its agencies or  
instrumentalities;  
3. A state, the District of Columbia, a U.S. commonwealth or  
territory, or any of their political subdivisions, agencies, or  
instrumentalities;  
ownership plan (ESOP).  
Interest payments.  
Payments of interest on obligations issued by individuals.  
4. A foreign government or any of its political subdivisions,  
However, if you pay $600 or more of interest in the course of your  
trade or business to a payee, you must report the payment.  
agencies, or instrumentalities;  
5. A corporation;  
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Instr. for Req. of Form W-9 (Rev. 3-2024)  
   
Backup withholding applies to the reportable payment if the  
payee has not provided a TIN or has provided an incorrect TIN.  
D. A corporation the stock of which is regularly traded on one  
or more established securities markets, as described in  
Regulations section 1.1472-1(c)(1)(i);  
Payments described in section 6049(b)(5) to nonresident  
aliens.  
E. A corporation that is a member of the same expanded  
affiliated group as a corporation described in Regulations  
section 1.1472-1(c)(1)(i);  
Payments on tax-free covenant bonds under  
section 1451.  
Payments made by certain foreign organizations.  
Mortgage or student loan interest paid to you.  
F. A dealer in securities, commodities, or derivative financial  
instruments (including notional principal contracts, futures,  
forwards, and options) that is registered as such under the laws  
of the United States or any state;  
Other types of payment.  
Wages.  
Distributions from a pension, annuity, profit-sharing or stock  
bonus plan, any IRA, an owner-employee plan, or other deferred  
compensation plan.  
G. A real estate investment trust;  
Distributions from a medical or health savings account and  
H. A regulated investment company as defined in section  
851 or an entity registered at all times during the tax year under  
the Investment Company Act of 1940;  
long-term care benefits.  
Certain surrenders of life insurance contracts.  
Distribution from qualified tuition programs or  
I. A common trust fund as defined in section 584(a);  
J. A bank as defined in section 581;  
K. A broker;  
Coverdell Education Savings Accounts (ESAs).  
Gambling winnings if regular gambling winnings withholding is  
required under section 3402(q). However, if regular gambling  
winnings withholding is not required under section 3402(q),  
backup withholding applies if the payee fails to furnish a TIN.  
L. A trust exempt from tax under section 664 or described in  
section 4947; or  
Real estate transactions reportable under  
section 6045(e).  
Cancelled debts reportable under section 6050P.  
Fish purchases for cash reportable under  
M. A tax-exempt trust under a section 403(b) plan or section  
457(g) plan.  
section 6050R.  
Joint Foreign Payees  
Payees and Account Holders Exempt  
From FATCA Reporting  
Under chapter 4, if the first payee listed on an account gives you  
a form within the W-8 series, or a similar statement signed under  
penalties of perjury, backup withholding applies unless:  
Reporting under chapter 4 (FATCA) with respect to U.S. persons  
generally applies only to non-financial foreign entities (NFFEs),  
and foreign financial institutions (FFIs) (including a branch of a  
U.S. financial institution that is treated as an FFI under an  
applicable intergovernmental agreement (IGA)). For information  
on IGAs, see the IRS website FATCA page, available at IRS.gov/  
FATCA. See also Pub. 5118, FATCA Online Registration User  
Guide, for more information.  
1. Every joint payee provides the statement regarding  
foreign status, or  
2. Any one of the joint payees who has not established  
foreign status gives you a TIN.  
If any one of the joint payees who hasn’t established foreign  
status gives you a TIN, use that number for purposes of backup  
withholding and information reporting.  
Thus, for example, a U.S. financial institution maintaining an  
Generally, if a withholding agent makes a payment to joint  
payees and cannot reliably associate the payment with valid  
documentation from each payee, but all of the joint payees  
appear to be individuals, then the payment is presumed made to  
an unidentified U.S. person, and backup withholding applies.  
However, if one of the joint payees provides a Form W-9 in  
accordance with the procedures described in Regulations  
section 31.3406(d)-1 through 31.3406(d)-5, the payment is  
treated as made to that payee, and no withholding is required.  
See Regulations sections 1.1441-1(b)(9), and 1.1471-3(f)(7).  
account in the United States does not need to collect an  
exemption code for FATCA reporting. If you are providing a Form  
W-9, you may pre-populate the FATCA exemption code with "Not  
Applicable," "N/A," or a similar indication that an exemption from  
FATCA reporting does not apply. Any payee that provides such a  
form, however, cannot be treated as exempt from FATCA  
reporting. See Regulations section 1.1471-3(d)(2) for when an  
FFI may rely on documentary evidence to treat a U.S. person as  
other than a specified U.S. person, and see Regulations section  
1.1471-3(f)(3) for when an FFI may apply a presumption rule and  
treat a U.S. person as other than a specified U.S. person.  
For more information on foreign payees, see the Instructions  
for the Requester of Forms W-8BEN, W-8BEN-E, W-8ECI,  
W-8EXP, and W-8IMY.  
If you receive a Form W-9 with a FATCA exemption code and  
you know or have reason to know the person is a specified U.S.  
person, you may not rely on the Form W-9 to treat the person as  
exempt from FATCA reporting. However, you may still rely on an  
otherwise completed Form W-9 to treat a person as a specified  
U.S. person. An exemption from FATCA reporting (or lack  
thereof) does not affect backup withholding as described earlier  
in these instructions. The following are not specified U.S.  
persons under chapter 4 and are thus exempt from FATCA  
reporting.  
Names and TINs To Use  
for Information Reporting  
Show the full name and address as provided on Form W-9 on  
the information return filed with the IRS and on the copy  
furnished to the payee. If the payee has marked their address  
“NEW,” you should update your records. If you made payments  
to more than one payee or the account is in more than one  
name, enter on the first name line of the information return only  
the name of the payee whose TIN is shown on Form W-9. You  
may show the names of any other individual payees in the area  
below the first name line on the information return. Forms W-9  
showing an ITIN must have the name exactly as shown on  
line 1a of the Form W-7 application. If you are a PFFI reporting a  
U.S. account on Form 8966, FATCA Report, and the account is  
A. An organization exempt from tax under section 501(a), or  
any individual retirement plan as defined in section 7701(a)(37);  
B. The United States or any of its agencies or  
instrumentalities;  
C. A state, the District of Columbia, a U.S. commonwealth or  
territory, or any of their political subdivisions, agencies, or  
instrumentalities;  
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Instr. for Req. of Form W-9 (Rev. 3-2024)  
 
jointly held by U.S. persons, file a separate Form 8966 for each  
holder.  
on page 516 of Internal Revenue Bulletin 2003-8, available at  
IRS.gov/pub/irs-irbs/irb03-08.pdf. Any information received  
through the TIN matching program must be kept confidential in  
accordance with Regulations section 31.3406(f)-1.  
For more information on the names and TINs to use for  
information reporting, see section J of the General  
TIP  
Instructions for Certain Information Returns, available at  
Payment and Returns of Tax Withheld  
Form 945. If you withhold or are required to withhold federal  
income tax (including backup withholding) from nonpayroll  
payments, you must file Form 945, Annual Return of Withheld  
Federal Income Tax. Report all federal income tax withholding  
from nonpayroll payments or distributions annually on one Form  
945. Form 945 is used to report income tax withholding on  
nonpayroll payments including backup withholding and  
withholding on pensions, annuities, IRAs, military retirement, and  
gambling winnings. A payor must remit to the IRS all monies  
withheld from reportable payments based on a certain deposit  
schedule. Form 945-A, Annual Record of Federal Tax Liability, is  
used to report tax liability by payors who deposit nonpayroll  
income tax withheld on a semiweekly schedule, or whose tax  
liability on any day is $100,000 or more. See T.D. 8672 for details  
of reporting nonpayroll withheld income taxes under section  
6011. See the Instructions for Form 945.  
Notices From the IRS  
The IRS will send you a notice if the payee's name and TIN on  
the information return you filed don’t match the IRS's records.  
receive a backup withholding notice, you may have to send a “B”  
notice to the payee to solicit another TIN. Pub. 1281, Backup  
Withholding for Missing and Incorrect Name/TIN(s), contains  
copies of the two types of “B” notices. If you receive a penalty  
notice, you may also have to send a solicitation to the payee.  
See Pub. 1586, Reasonable Cause Regulations & Requirements  
for Missing and Incorrect Name/TINs on Information Returns.  
Taxpayer Identification Number (TIN)  
Matching  
TIN matching allows a payor or authorized agent who is required  
to file information returns to match TIN and name combinations  
with IRS records before submitting the forms to the IRS. TIN  
matching is one of the e-services products that is offered and is  
accessible through the IRS website. Go to the eServices  
Form 1042. Don't report on Form 945 withholding that is  
required to be reported electronically on Form 1042, Annual  
Withholding Tax Return for U.S. Source Income of Foreign  
Persons. Use Form 1042 to report tax withheld under chapter 3  
on certain income of foreign persons, including nonresident  
aliens, foreign partnerships, foreign corporations, foreign  
estates, and foreign trusts. Also use Form 1042 to report tax  
withheld under chapter 4 on withholdable payments. See the  
Instructions for Form 1042 for details.  
Registration home page, located at IRS.gov/e-services. See also  
Pub. 2108A, On-Line Taxpayer Identification Number (TIN)  
Matching Program, for guidance. It is anticipated that payors who  
validate the TIN and name combinations before filing information  
returns will receive fewer backup withholding (CP2100) notices  
and penalty notices. Program participants will generally be able  
to rely on a verified TIN/name match as reasonable cause under  
section 6724(a), which will provide significant incentive for  
payors to check and correct payee TINs before filing information  
returns and payee statements. See Rev. Proc. 2003-9, which is  
Additional Information  
For more information on backup withholding, see Pubs. 1281  
and 515.  
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Instr. for Req. of Form W-9 (Rev. 3-2024)