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Congratulations on getting paid! Before the company sends you the money, you'll need to complete the W-9 form. This video will guide you through the process. Firstly, it's important to note who needs to file this form. If you're not an individual—like if you're a foreign corporation or another type of entity—you should use the W-8BEN form instead. For example, a foreign corporation owning a U.S. LLC receiving payment should complete the W-8BEN form. However, if you are an individual, like Fred Smith, who owns a single-member LLC and is receiving payment to that LLC, you will need to fill out the W-9 form.
