How To Fill Out Form W-8BEN-E Correctly (Updated 2024)

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  • Опубликовано: 8 сен 2024

Комментарии • 110

  • @user-wv5zy9bk2x
    @user-wv5zy9bk2x 10 месяцев назад +15

    God bless you! I am filling one of these for the first time and was truly confused by it. Your video saved me so much unnecessary stress. Please keep making them!

  • @armandohasudungan
    @armandohasudungan 13 дней назад

    Thank you James. This form is very confusing but you made it very easy.

  • @onurarslan6990
    @onurarslan6990 2 месяца назад +2

    James, I can't thank you enough for this video. My accountant (Canadian based) is CPA accountant and has no idea about this form. This proves how great at your job. Thanks so much for this helpful video.

  • @yujgkjhjk
    @yujgkjhjk 12 дней назад

    Thank you so much for this. First time getting paid from a US company and I freaked out when they sent me this form to fill out.

  • @chloehford
    @chloehford 5 месяцев назад +3

    I never leave reviews but I wanted to THANK YOU SO MUCH. Got it finished and sent off in minutes 🙌🎉

  • @KearaGraves
    @KearaGraves 6 месяцев назад +2

    THANK YOU FOR THIS 🙏🏼🙏🏼🙏🏼 Was so lost until I found this video. I feel much more confident filling out the form & sending it in now!

  • @anansaeliu4145
    @anansaeliu4145 4 месяца назад +1

    THANK YOU! I've been stuck on tax treaty for so long.

  • @bleachnwow
    @bleachnwow 27 дней назад

    Thank you so much ! You've made what looked to be a grueling day much much easier !

  • @guylambert3821
    @guylambert3821 Месяц назад

    This just saved me about £300 and a lot of stress. Thank you so much!

  • @AvecSans-mv8lw
    @AvecSans-mv8lw 3 месяца назад

    Thank you so much for this. Dealing with a US-based company that contracted work here in Australia with Australian team but paid out of US and this was getting horribly confusing. Thank you so much,.

  • @JustMeNoOther
    @JustMeNoOther 4 месяца назад

    Thank You so much James, you really saved my day with this video, quite important to me to keep your videos. Yes, when our US client sent to me the form, I got intimidated and overwhelmed.

  • @SKAMMA1
    @SKAMMA1 6 месяцев назад +3

    Thanks for this James. Really unscrambled my brain :)

  • @TheRumaizah
    @TheRumaizah 6 месяцев назад +1

    Thanks so much! Straight to the point - Love from Singapore

  • @bartleymcelroy6867
    @bartleymcelroy6867 6 месяцев назад

    Very helpful. Exactly what I needed. The form itself and the official instructions appear very complicated. Your video identifies and focuses on the very small proportion of the form that is relevant and enough for me and probably most other users.

  • @user-pr9bd8uu6r
    @user-pr9bd8uu6r 4 месяца назад

    God bless you Sir, you've made my job very easy... respect from Pakistan

  • @markwebster3095
    @markwebster3095 9 месяцев назад +2

    This is so helpful, thank you for saving us a lot of confusion!

  • @philgriffiths5514
    @philgriffiths5514 5 месяцев назад

    That just saved me a shit load of time- Total brain fade when I got this . Thanks James. Now I have to work out how that sign id works🙄

  • @MJDreams
    @MJDreams 6 месяцев назад

    Thank you James! You explained it in fantastic way. Great explanation with some good examples (that matched my area). It seems I would fill it properly, but it's always good to double check some things and get assurance from an expert. Have a great day!

  • @reenros
    @reenros 6 месяцев назад

    Hi James. Thank you so much for this video. I'm from Malaysia and the instructions alone sent me spinning LOL. You have saved us a lot of time.

  • @SportsCardsLive
    @SportsCardsLive 5 месяцев назад

    Thank you so much James. The form is quite intimidating and you made it very simple for a Canadian Corp to fill it out. Thanks again!

  • @taylankammer
    @taylankammer 26 дней назад

    Incredibly helpful. Thank you so much!

  • @kamv8360
    @kamv8360 2 месяца назад

    Fantatsic video Thank you for demystifying this form.

  • @Safeguard-iain
    @Safeguard-iain 3 месяца назад

    Thanks James, super intimidating form made super easy. Appreciated!

  • @markkalyta4560
    @markkalyta4560 2 месяца назад

    Incredibly helpful and beneficial. My thanks!

  • @richardhammond8579
    @richardhammond8579 Месяц назад

    Mate thank you! You made tvis so simple!

  • @oldman-smurphee
    @oldman-smurphee 8 месяцев назад

    😊😊😊Thx, this was very helpful in completing such a confusing form for a foreign entity.

  • @Galgotas
    @Galgotas 9 месяцев назад

    James you are great and I love the way that you are explaining the W-8BEN-E , you have save me a lot time. THANK YOU SO MUCH and GOD Bless you

  • @joannedolfato3632
    @joannedolfato3632 Месяц назад

    This video is very helpful -- thank you!

  • @Bazzinga92
    @Bazzinga92 2 месяца назад

    This video is very helpful! Thank you so much!

  • @marciadupiche1656
    @marciadupiche1656 8 месяцев назад

    This made the form so easy! I was so intimidated by it at first.

  • @user-nw7jo6js9y
    @user-nw7jo6js9y 6 месяцев назад

    Thank you, James, Your video is helpful. Could you please add English subtitles in your video? It will be easier for froeigner to understand every word.

  • @drhounsell
    @drhounsell 3 месяца назад

    This is great! Could you tell what else needs to be done on the form for a Canadian Charity?

  • @adityamehta2530
    @adityamehta2530 4 месяца назад +1

    Super!

  • @marcelaivonneschiaffini5704
    @marcelaivonneschiaffini5704 6 месяцев назад

    Thank you for this video! It really helped me. Greetings from Italy.

  • @dpma65
    @dpma65 6 месяцев назад

    really really really can't thank you enough for this video.

  • @IanFHood
    @IanFHood 7 месяцев назад

    THANK YOU! Saved me a lot of anxiety!

  • @ianKoker
    @ianKoker 4 месяца назад

    Thank you sir! This made my life so much easier. ❤

  • @tmurrayis
    @tmurrayis 8 месяцев назад

    Thanks for this; my eyes glazed over when I first opened the form to complete. I own an investment company and have a self controlled investment portfolio through CIBC. They want this form completed so I am able to ipurchase US dividend stocks. From the video I surmised my entity is passive (dividend income only). Further, I also believe Canada Revenue Agency allows the tax withheld on US dividends earned to be deducted from income so no need to get the withholding tax back from the US.

    • @andyhendershotrealestate
      @andyhendershotrealestate 6 месяцев назад

      Did you have to get an EIN for your company?

    • @tmurrayis
      @tmurrayis 6 месяцев назад

      @@andyhendershotrealestate I did but it took several tries before I filled it out correctly and it was accepted.

    • @andyhendershotrealestate
      @andyhendershotrealestate 6 месяцев назад

      @@tmurrayisthanks. I needed 2 tries as well when doing my personal ITIN. Amazing how complicated this stuff is.

  • @hershvinayak8955
    @hershvinayak8955 3 месяца назад

    This was really helpful. One thing I'm a touch confused about is what if I'm a foreign business and invest in the US stock market in my corporation. Should I be filling out the tax treaty benefits section and what is the easiest way to find the info needed for a Canadian corp.

    • @JamesBakerCPA
      @JamesBakerCPA  3 месяца назад

      If you are investing in dividend stocks then yes fill out the treaty portion

  • @djmalcha
    @djmalcha 6 месяцев назад

    Thank you very much! You made it really simple.

  • @parcomphy
    @parcomphy 11 месяцев назад +1

    Thank you, this was very helpful. 👏

  • @lucascarroll3403
    @lucascarroll3403 4 месяца назад

    LEGEND! Thank you Mr Baker

  • @ravisrox
    @ravisrox 10 месяцев назад +1

    Thank you. Saved the day !

  • @user-no9yt9me3z
    @user-no9yt9me3z 8 месяцев назад

    Hello! thanks for this! I'd love to get a video on the last part please. We are Canadian company just exporting our beverage to USA, we want to make sure we are not missing anything. thank you!

  • @katiasamson4684
    @katiasamson4684 11 месяцев назад

    From Paris ! thank you very much ! most helpful.

  • @BradSacksMontreal
    @BradSacksMontreal 2 месяца назад

    Great video!! One quick question, we are a Canadian corp, so which # should be entered as the Foreign TIN?

  • @ClaudiaVaduvescu
    @ClaudiaVaduvescu 10 месяцев назад +1

    Thank you so much!

  • @meshdesignprojects7121
    @meshdesignprojects7121 Месяц назад

    Very helpful, thank you

  • @levaal1981
    @levaal1981 5 месяцев назад

    God bless you for your help!!!

  • @sbssbs3411
    @sbssbs3411 5 месяцев назад

    Thank you very much. Very clear!

  • @lioryakobi8751
    @lioryakobi8751 10 месяцев назад +1

    You helped me!!

  • @teresitaorozco6445
    @teresitaorozco6445 11 месяцев назад +1

    ¡¡Muchas gracias!!

  • @IjonasKisselbach
    @IjonasKisselbach 4 месяца назад

    You're a star! Thank you so much!

  • @callmenaka
    @callmenaka 11 месяцев назад

    Eternal Thank You for saving me a day of chaotic panic!

  • @Skudevike
    @Skudevike 9 месяцев назад

    Great video, thank you for making it. It helped a lot!

  • @charalambos.k
    @charalambos.k 5 месяцев назад

    Awesome. Thank you so much!!

  • @williamm6431
    @williamm6431 6 месяцев назад

    Thank you . Very Helpful.

  • @Damon-mr1qf
    @Damon-mr1qf 7 месяцев назад

    Good one James Baker, well done.

  • @alkeryn1700
    @alkeryn1700 7 месяцев назад

    thank you, you are a life saver !

  • @daniellewallace2047
    @daniellewallace2047 5 месяцев назад

    I feel like this form is a test to see what you know. The journey continues.

  • @thomasmaheux201
    @thomasmaheux201 6 месяцев назад

    Thanks a lot !

  • @eulynwebb-theresourcefulgl4756
    @eulynwebb-theresourcefulgl4756 7 месяцев назад

    Thank you...super helpful

  • @oliverqamili6314
    @oliverqamili6314 4 месяца назад

    Part I / 4 - Chapter 3 status: The word "Corporation" sounds very big.
    Am I a corporation if I own a small business (not an LTD or LLC) and I am to translate for and receive payments from a company in the USA?

  • @andreasnitsche7416
    @andreasnitsche7416 7 месяцев назад

    Hey James, thank you for this video, that clarified a lot, already. I was requested to fill this form to open a financial depot with my holding company to store stocks into it. I don't know if stock dividends are really a type of "paid by a U.S. company". Do I really need this form with a company depot? Maybe you have an easy answer. Thanks in advance.

  • @MateValtr
    @MateValtr 9 месяцев назад

    Hey James! Fantastic video.
    All very clear from start to the end. But what if you actually send a representative to the US to, say, film an event? Does the W8-BEN-e form still apply?

  • @JosephRoberts-n3y
    @JosephRoberts-n3y 9 дней назад

    I have foreign Employees working for my company remotely and independently.
    Do i need their W8 BEN? and how do i add those money i pay to them?

  • @user-tv2he2yu4f
    @user-tv2he2yu4f 6 месяцев назад

    Hello James! Love it but I need help to file W-8BEN-E FOR MY Swedish client. Please help

  • @ByteBoostStudios
    @ByteBoostStudios 20 дней назад

    Quick question...is this only for corporations? What if you are operating as a sole proprietor? This form is required regularly for affiliate income and it's unclear how I would fill this out in that case. Thanks in advance!

  • @karenhomer9584
    @karenhomer9584 19 дней назад

    What should be filled in if the entity is an Estate?

  • @jaym7178
    @jaym7178 24 дня назад

    Hi i need some clarification on part 1 section 9b and 9c im in the UK selling in the USA i have a ein number what should i put in those section Thanks

  • @marilynjackson4580
    @marilynjackson4580 2 месяца назад

    So, if you are a W2 employee, would you fill out this form if you do not want to payroll taxes taken out?

  • @jaichellemendoza3856
    @jaichellemendoza3856 10 месяцев назад +1

    Hi James, I have a question. It says that Form W-8BEN-E expires after 3yrs from the year it was signed. Should we file another Form W-8BEN-E once it expires or is there a way to make the validity period indefinite for this form? Thanks!

  • @RachelJkson
    @RachelJkson 6 месяцев назад

    Hi James, how would a corporation from a non-tax treaty country complete this form? Or would they not have to? There are no US offices or agents ever performing any duties on US soil.

  • @madebypete
    @madebypete 10 месяцев назад

    Thanks for the video. Does this only apply to companies doing work in the USA without traveling to the USA? If i'm traveling to USA for work on an 0-1 visa, would I need to complete a different form?

    • @JamesBakerCPA
      @JamesBakerCPA  10 месяцев назад

      Hey, this depends on a few things, like type of work. Happy to chat with you on a free call - jamesbakercpa.com/schedule

  • @jaym7178
    @jaym7178 28 дней назад

    Is this form for foreigner who have disregarded entity in the US Thanks

  • @AIILECTURES
    @AIILECTURES 6 месяцев назад

    Hi James. I am from Malaysia and I would like to seek for your advice. I am from a government university in Malaysia and I would like to know which box should we fill in if we are a government body? Also, are we required to fill in the GIIN?

  • @user-jl9pb2oz7r
    @user-jl9pb2oz7r Год назад

    I would like to see. How to file form 1120f- protective return

  • @devilskintarot6151
    @devilskintarot6151 3 месяца назад

    Can we use this to set our own wages? I can't make it off $8/ hourly

  • @vishnuvijayan2241
    @vishnuvijayan2241 3 месяца назад

    For LLC Company, how to fill this form?

  • @Ayya-g3s
    @Ayya-g3s Месяц назад

    I only own a firm I do not own a company but paypal wanted me to fill this form when I changed my paypal account to business, what do I do? No US company is paying me, I'm not even related to US in any way

  • @noelt834
    @noelt834 6 месяцев назад

    @JamesBaker How to get Foreign TIN?

  • @PecanFamilyVacations
    @PecanFamilyVacations 3 месяца назад

    is the TIN the same as business number ?

  • @kunjshah929
    @kunjshah929 2 месяца назад

    Hi jamesh,
    I am an Indian partnership law firm providing having US cleints. Which form do i need to provide to my US cleint. Form W8BENE OR W8IMY??

  • @agnesjurison1204
    @agnesjurison1204 5 месяцев назад +1

    Awesome, thank you! not a big fan of the legal lingo 😵‍💫

  • @nihad_thegreat
    @nihad_thegreat 5 месяцев назад +1

    How i can fill if im affiliate marketer

  • @NzamOgbeCultureTv
    @NzamOgbeCultureTv Месяц назад

    How will i submit this form online?

  • @TheForgottenGrove
    @TheForgottenGrove 8 месяцев назад

    Is a canadian sole proprietorship classified as a corporation in the US?

  • @8eightkpop
    @8eightkpop 7 месяцев назад

    James, one question. My company in Hong Kong used to give W8-IMY to our clients for making payments to us. Now a new client accepts only W8-BEN. Let's say we complete the W8-BEN form this time, will this be an issue? Will the IRS trouble us in any way? Thank you!

    • @JamesBakerCPA
      @JamesBakerCPA  6 месяцев назад

      Hi! Follow the link in bio or find me at www.jamesbakercpa.com/ for a free consultation! 😁

  • @ricorey3866
    @ricorey3866 17 дней назад

    The federal corporation known as the United States is located in the 10 mi.² of the District of Columbia. Therefore any and every company that is on the landmass known as the United States of America is a foreign company. Therefore, if any US citizen wants to change their nationality or status to Native American to remove themselves from the uniform commerce code fraudulent system that imposes numerous sanctions they made up to do so. Any and every United States American citizen should do this in my opinion, therefore, if any citizen works for a company they should also be submitting this W8BEN form to their employer because taxes imposed upon every American citizen is a fraud and 99.9% of the world has not woken up to it just yet, but the movement is growing.

  • @jessicaef27
    @jessicaef27 28 дней назад

    411 Request Video please

  • @lishengchen6004
    @lishengchen6004 Год назад

    Do I need to fill FTIN for a Canadian corporation

  • @JamesBakerCPA
    @JamesBakerCPA  11 месяцев назад

    Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on RUclips?
    Get A Free one-on-one 30-minute strategic Consultation - www.jamesbakercpa.com/schedule

  • @fouadkhalife8656
    @fouadkhalife8656 11 месяцев назад

    Will you still have to pay sales tax?

  • @davidwilliamscpa4365
    @davidwilliamscpa4365 11 месяцев назад

    What's your fee for this task?

    • @JamesBakerCPA
      @JamesBakerCPA  11 месяцев назад

      Hey David, thanks for the comment. if you want, you can book in a free call and we can discuss how we can help you - jamesbakercpa.com/schedule

  • @joshdeltener2012
    @joshdeltener2012 6 месяцев назад

    2) Should be Mexico, not Mexican

  • @ides.studio
    @ides.studio 9 месяцев назад

    What is I'm an American citizen, but I live overseas and I have a business registered overseas that is what is being paid? Do I treat it like I'm a non-resident?

  • @LifewithParkinsons
    @LifewithParkinsons 9 месяцев назад

    +As part of my channel I post affiliate links to benefit my audience and I earn commission income. One company that I am signing up with uses a Substitute IRS Form W-8BEN-E, that does not have all the info the standard info as the original. My wife and I formed a partnership and the company wants the following answered. HELP!
    15. Special rates and conditions (if applicable-see instructions)
    The beneficial owner is claiming the provisions of Article and paragraph
    *
    This field is required
    of the treaty identified on line 14a above to claim a
    *
    This field is required
    % rate of withholding on (specify type of income)
    *
    This field is required
    Explain the additional conditions in the Article the beneficial owner meets to be eligible for the rate of withholding:
    *
    This field is required

  • @Tia-zp1zt
    @Tia-zp1zt 5 месяцев назад

    Thank you!!

  • @PicVideoStudio
    @PicVideoStudio 6 месяцев назад

    Thank you Sir!