You KNOW WHAT REALLY shocks me ? is the number of people here WHO are either employers or have been employers that, STILL to this very day do not get what an IRS Form W-9 is........................................ I have held my tongue for years on end HOPING SOME would pull their heads out and see the BOBVIOUS, YET THEY HAVE NOT.............................................
A W-9 has nothing to do what so ever with the issuance of shares!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
A W-9 has ONLY TO DO WITH THE DISTRIBUTION of CASH and it is the way the IRS can track ya for their MONEY YA OWE THEM.
Use Form W-9 to provide your correct Taxpayer Identification Number (TIN) to the person who is required to file an information return with the IRS to report, for example: Income paid to you. Real estate transactions. Mortgage interest you paid.Sep 6, 2023
Shares issued to you are NOT TAXABLE until you sell those shares and the tax-ability is based soley on what ya PAID/Acquired those share for versus what ya sold them for, there in is your taxable income basis
The W-9's imho are the TELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL