W-9 Requirement

andied · Post by **andied** » Sat Mar 03, 2007 1:59 pm

I have recently stumbled across a reference to the W-9 form. I am a USC and longtime Canadian resident and have never been asked by a Canadian financial institution, if I am a US citizen, and have never filed a W-9. Is it required by the IRS?

nelsona · Post by **nelsona** » Sat Mar 03, 2007 11:12 pm

nelsona · Post by **nelsona** » Sat Mar 03, 2007 11:17 pm

To clarify, it is required by some financial institutions to avoid having to withhold tax on interst and other payments they make to you.

I guess the Cdn institutions that deal with you don't know you are US citizen.