Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Does my wife also sign my w8ben form or does she file a separate form? (https://www.askmehelpdesk.com/showthread.php?t=498093)

  • Aug 14, 2010, 10:33 AM
    SashaNBuddy
    Does my wife also sign my w8ben form or does she file a separate form?
    I want to cash in stocks I have with the united states and was told my wife and I need to file a w8ben form to avoid paying the tax, Do we sign the same form or do we both need to fill out the w8ben form separately?
  • Aug 14, 2010, 11:24 PM
    wnhough
    QUOTE," . . . to file a w8ben form to avoid paying the tax, . . ."--- You are the true owner that is the beneficial owner.

    "we both need to fill out the w8ben form seperately"---If your beneficial ownership be shared with your wife, then you need to file the forms in separation.
  • Aug 15, 2010, 12:00 AM
    MukatA
    Quote:

    Originally Posted by SashaNBuddy View Post
    I want to cash in stocks I have with the the united states and was told my wife and I need to file a w8ben form to avoid paying the tax, Do we sign the same form or do we both need to fill out the w8ben form seperately?

    Are you a foreign person? Did you live in U.S. in 2009 or 2010 and if yes, your visa?
    If both you and your spouse are nonresident aliens, you need to file form W-8BEN. For nonresidents, income from stocks is not taxable.
  • Aug 16, 2010, 05:40 PM
    IntlTax

    File the W-8BENs separately.
  • Aug 18, 2010, 03:10 PM
    AtlantaTaxExpert
    Agreed; separate Forms W-8BEN is the correct course of action.

  • All times are GMT -7. The time now is 01:14 AM.