What are the differences between w 9 and w 8ben for cryptocurrency investors?

1 answers

• Dec 24, 2021 · 3 years ago
  As an expert in the field, I can tell you that Form W-9 and Form W-8BEN are important tax forms for cryptocurrency investors. Form W-9 is used by U.S. taxpayers to provide their taxpayer identification number (TIN) to the entity that is requesting it. This form is necessary for U.S. citizens and residents. On the other hand, Form W-8BEN is used by non-U.S. individuals to certify their foreign status and claim any applicable tax treaty benefits. This form is required for non-U.S. cryptocurrency investors who are subject to U.S. tax laws. It's crucial for cryptocurrency investors to understand the differences between these forms and fill out the appropriate one based on their tax status and citizenship.
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