REVISED FORM W-9 OPTIONAL UNTIL JULY 1.In response to payor concerns about implementing the new certification requirements, using revised Form W-9 is optional until July 1. The major change to Form W-9, Request for Taxpayer Identification Number and Certification (Rev. December 2000), is that under Part III, Certification, a payee The person who is to receive the stated amount of money on a check, bill, or note. payee n. the one named on a check or promissory note to receive payment. PAYEE. The person in whose favor a bill of exchange is made payable. now must certify cer·ti·fy v. cer·ti·fied, cer·ti·fy·ing, cer·ti·fies v.tr. 1. a. To confirm formally as true, accurate, or genuine. b. that he or she is a U.S. person (including a U.S. resident alien Resident Alien A foreigner who is a permanent resident of the country he or she resides, but does not have citizenship. Notes: Resident and non-resident aliens have different filing advantages and disadvantages. ). To download the form, go to: |
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