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What is a Form W-9 and why is it required?

form W-9
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What is a Form W-9 and why is it required?

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A Form W-9 certifies the Taxpayer Identification Number (TIN, also known as a Social Security Number or Employer Identification Number) listed on an account. A Form W-9 is required each time a new registration or new account is established. The IRS requires that AST withhold a portion of the earnings on accounts that have not been certified by submitting a completed Form W-9. If the owner is not a U.S. Taxpayer, a Form W-8 BEN is to be used in place of a Form W-9. You may leave the W-9 section printed on the Stock Power blank. A Form W-8 BEN can be obtained from our website www.amstock.com or by calling our Shareholder Services Department. Please note if an account is not certified, the new owner, who is a non-U.S taxpayer, will be subject to U.S. withholding from all earnings or sale proceeds as regulated by the IRS. How do I transfer shares to multiple owners? You must submit a fully completed Stock Power form with original signatures and medallion guarantee stamp affixed. If the spa

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