Hello, I am making a quick video on how to complete Form W-9 for a C-corporation. Form W-9 is used to certify that the person being paid is a U.S. person. This is necessary because certain payments require withholding when made to foreign individuals. If you have a C-corporation, S corporation, partnership, or trust established in the United States, your company needs to certify that it is a U.S. person. This also applies if you have an individual LLC or an LLC owned by one person. In this video, I will guide you through the process of completing Form W-9. To start, you need to put the name of your corporation and indicate that it is a C corporation. Next, provide the address of the company. If there are any exemption codes, you can include them, although they are not likely to be applicable. Enter the employer identification number (EIN) for the company. The person who signs the form should be someone authorized to do so on behalf of the company, such as the president, CFO, or director. Include your name and title, along with the date of signing. It is important to note that this completed form is not sent to the IRS but rather to the person making the payment. By signing the form, you are certifying under the penalties of perjury that your company is a U.S. entity and that you are not subject to backup withholding. This declaration is specific to the U.S. company or a U.S. citizen. As long as you can provide this form to the payer as proof of your U.S. status, they should not withhold any taxes on your behalf. I hope this video has helped clarify the process of completing Form W-9. If you have any questions, please let me know. Thank you.
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