Filling Out W9 Form For Trust

Filling Out W9 Form For Trust – Fill out the personal information section, and write your social security number in the box in part i. If the grantor is living and the trust is revocable use the social security number and the real name the irs will not accept the social security number and a different name. I saw this post and read a couple of articles and filled out the w9 form in the following way. Provide the name of the trust at the top of the form where the irs asks for a name.

We were told we could use either of our ssns for the trust. Check the box that says trust under line 2. Vanguard sent us a w9 form a couple of months ago. Certify that you are not subject to backup withholding;

Only one name, one number, and one signature per w9 (cannot do husband & wife on one form). My name , my husband's name (circled my name to indicate the ssn on line 3 is mine) line 2: Certify that the tin you are giving is correct (or you are waiting for a number to be issued);

The bank representative suggested that, although it is a trust account, i should have checked individual/sole proprietor or single member llc. so i resubmitted the form, completely leaving off the name of the trust and changing the federal tax classification as suggested. John smith has a revocable trust (the john and jane smith revocable trust). Check the llc box above and, in the entry space, enter the appropriate code (c, s, or p) for the tax.

For example, we are buying property from john smith. W9 must be signed within past 6 months. Do not put the name of the trustee in this space, just the name of the trust.

If your trust qualifies as an exempt payee under section 664 or as described in section 4947 — generally reserved for charitable trusts — then check the exempt payee box. Figure out who needs to be paid before filling out a w9. Acquisition or loss of secure property;

IRS Form W9 What Is It?