Originally Posted by Balu
I have received the W-9 form from the vendor , with foreign residence address. Please advise (This form is valid or not according to the sec 1441 withholding tax)?
foreign addresses are OK. he uses his current address on Form W-9, even if it's a foreign address.he Just needs to squeeze his complete address in the allotted space, including the country, in English. This will ensure that you have the proper address to send his1099s to him.The IRS , if it wants, will contact him at a foreign address;the IRS never had a problem reaching me at my foreign addresses. As long as the nonresident alien vendor is a US resident for tax purposes, then, you need a W9 from the vendor providing critical information so you can make all necessary reports to the IRS. He getspaid by you, but he is responsible for all his taxes. The W9 form gets reported to the IRS to help keep track of the taxes that he actually owes. You turn in a form to the IRS every year on every worker for whom they have a W-9, and the W-9 includes the specific amount paid to the freelance worker over the past year. The SSN or EIN on the W-9 forms are used by the IRS to get an idea of what the independent contractors are making and to make sure they are reporting their full income.