common-close-0
BYDFi
Trade wherever you are!

What information is required on Form W-9 for cryptocurrency businesses?

avatartsplsDec 25, 2021 · 3 years ago3 answers

What specific information does the Form W-9 require from cryptocurrency businesses?

What information is required on Form W-9 for cryptocurrency businesses?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The Form W-9 requires cryptocurrency businesses to provide their legal name, business name (if different), business entity type, address, and taxpayer identification number (TIN). This information is necessary for the Internal Revenue Service (IRS) to identify the business and ensure proper tax reporting.
  • avatarDec 25, 2021 · 3 years ago
    When filling out the Form W-9 for a cryptocurrency business, you'll need to provide your full legal name, the name of your business (if applicable), your business entity type (such as sole proprietorship or corporation), your address, and your TIN. This information is used by the IRS to verify your identity and track your tax obligations.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that when completing the Form W-9, cryptocurrency businesses must provide their legal name, business name (if applicable), business entity type, address, and TIN. This information is crucial for tax purposes and ensures compliance with IRS regulations. If you have any further questions, feel free to ask!