This was the best explanation of completing the new 2024 W-9. Thank you!
@TheTaxGeek11 күн бұрын
You're very welcome!
@mildredheslop7540Ай бұрын
Hello, I listened to several other explanations on filling out the doc if you're a single LLC and your was the most clear. Thank you!
@TheTaxGeekАй бұрын
You're welcome! I'm glad you found it helpful.
@asherPrice3 күн бұрын
Thank you for a well-done video! Will you please explain a scenario of an S-Corporation that has a DBA
@TheTaxGeek2 күн бұрын
You would fill out the form as "S-Corporation name D/B/A trade name."
@MoniqueGutierrez-l9bАй бұрын
Thank you so much for this! Your are a blessing!
@ONwithK29 күн бұрын
Thanks so much for this info. Any clue on when to check box 3B? This LLC that is taxed as a Partnership has one US person and 3 others that are foreigners, with no ITIN yet. Should we check box 3b? I'm not 100% sure. BTW love how you explain everything!
@TheTaxGeek28 күн бұрын
Yes, you should check box 3b.
@ONwithK26 күн бұрын
@@TheTaxGeek Thank you!!
@TheSsqr4 ай бұрын
Hi Tax Geek. Your KZbin channel is my fav for understanding difficult concepts of US taxation. I have learnt a lot from your videos . i will be really grateful if you could do videos on property taxes especially 1031 like kind exchange . You really make difficult concepts look super easy . Simplifying the most complex ! that is Tax Geek . Great work , my fav Channel !
@TheSsqr4 ай бұрын
Apologies for irrelevant comment .
@TheTaxGeek4 ай бұрын
I definitely intend to do a video in the upcoming year on 1031 Like Kind Exchanges. Thanks for the suggestion and thanks for watching!
@juandmonsalve7478Ай бұрын
perfect explanation
@Maria-et6oq3 ай бұрын
When sending a W-9, do all pages of the form need to be summitted, or just the first page (information and signature)? Thanks in advance
@TheTaxGeek3 ай бұрын
Just the first page is needed, the other pages are instructions.
@avkinghamilton4 ай бұрын
thanks bruh
@TheTaxGeek4 ай бұрын
Any time
@mberrynunez3 ай бұрын
Hello! I have a single member LLC and I elected to be treated as an S-Corp for tax purposes. Does this exclude the LLC from being a disregarded entity?
@TheTaxGeek3 ай бұрын
Yes, once you elect a corporate tax treatment for your LLC, the IRS no longer considers it to be a disregarded entity.
@namehidden3789Ай бұрын
@@TheTaxGeek so how is an LLC supposed to fill this form out if it doesn't want corporate tax treatment? A sole proprietor?
@TaesWay6154 ай бұрын
What if I just need to change my name after a divorce and the form is needed for verification?
@TheTaxGeek4 ай бұрын
Just fill out a new form and hand it in. Just make sure you have changed your name with the Social Security Administration.
@aqpham844 ай бұрын
What if I have a Schedule F instead of Schedule C? Does 4:05 still apply to me?
@TheTaxGeek4 ай бұрын
When it comes to filling out W-9 Forms, Schedule F treated the same way as Schedule C