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    SashaNBuddy's Avatar
    SashaNBuddy Posts: 1, Reputation: 1
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    #1

    Aug 14, 2010, 10:33 AM
    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?
    wnhough's Avatar
    wnhough Posts: 200, Reputation: 12
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    #2

    Aug 14, 2010, 11:24 PM
    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.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Aug 15, 2010, 12:00 AM
    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.
    IntlTax's Avatar
    IntlTax Posts: 831, Reputation: 23
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    #4

    Aug 16, 2010, 05:40 PM

    File the W-8BENs separately.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #5

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