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Paying a foreign individual
March 31, 2023
Q. When paying a foreign individual (not a company) do they fill out the W-8 BEN form and will they get a1099 if they get paid over $600?
A.
(Answered by IOFM's third-party tax experts)
A non-U.S. individual person provides Form W-8BEN to certify non-U.S. status for tax purposes. If this individual is paid "U.S.-source" income (one example: paid for services performed in the U.S.) the payment requires U.S. federal income tax withholding and requires reporting to the IRS on Form 1042-S. Forms…
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