How to Download W-8BEN Form for Facebook in 2022
If you are a non-US individual who receives payments from Facebook Audience Network or Commerce Manager, you may need to download and submit a W-8BEN form to avoid unnecessary withholding and comply with US tax laws. In this article, we will explain what W-8BEN form is, why you need it for Facebook, how to fill it out, how to submit it to Facebook, and how to update it if needed.
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What is W-8BEN Form?
W-8BEN form is a certificate of foreign status of beneficial owner for United States tax withholding and reporting. It is used by non-US individuals who receive certain types of income from US sources, such as interest, dividends, royalties, rents, or payments from online platforms like Facebook.
By submitting W-8BEN form, you can claim that you are not a US person for tax purposes and that you are eligible for reduced or zero withholding rates under a tax treaty between your country and the US. This can help you save money and avoid double taxation.
You can download W-8BEN form from the IRS website here</a Why Do You Need W-8BEN Form for Facebook?
Facebook requires non-US individuals who receive payments from Audience Network or Commerce Manager to submit W-8BEN form to their payment account. Audience Network is a program that allows publishers and developers to monetize their apps and websites with Facebook ads. Commerce Manager is a tool that helps businesses sell products on Facebook and Instagram.
The reason why Facebook requires W-8BEN form is to comply with US tax laws and regulations. The US government imposes a 30% withholding tax on certain types of income paid to foreign persons, unless they can prove that they are not subject to US tax or that they qualify for a lower rate under a tax treaty. By submitting W-8BEN form, you can certify your foreign status and claim the benefits of a tax treaty, if applicable.
If you do not submit W-8BEN form to Facebook, you may face unnecessary withholding or delays in receiving your payments. You may also have to file a US tax return and request a refund of the excess withholding, which can be a hassle and take a long time.
You can find more information about W-8BEN form and Facebook on their help center .
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How to Fill Out W-8BEN Form?
Filling out W-8BEN form is not very difficult, but you need to pay attention to some details and avoid common mistakes. Here is a step-by-step guide on how to fill out each part of the form:
Part I: Identification of Beneficial Owner
Line 1: Enter your full name as it appears on your passport or other official document.
Line 2: Enter your country of citizenship. If you have dual citizenship, enter the country where you are liable to pay taxes.
Line 3: Enter your permanent address in your country of residence. Do not use a PO box or an in-care-of address.
Line 4: Enter your mailing address only if it is different from your permanent address.
Line 5: Enter your date of birth in MM-DD-YYYY format.
Line 6: Check the box that applies to you. If you are an individual, check the first box. If you are a disregarded entity, partnership, corporation, or other entity, check the second box and enter the name of the entity.
Line 7: Enter your US taxpayer identification number (TIN), if you have one. A TIN is a social security number (SSN) or an individual taxpayer identification number (ITIN). You may need a TIN if you claim a tax treaty benefit or if you have income effectively connected with a US trade or business.
Line 8: Enter your foreign tax identification number (FTIN), if you have one. A FTIN is a number issued by your country of residence for tax purposes.
Line 9: Enter your country of residence for tax purposes. This should be the same as the country you entered on line 2.
Part II: Claim of Tax Treaty Benefits
Line 10: Check the box if you are claiming a tax treaty benefit to reduce or eliminate withholding on your income from Facebook. You must meet the conditions of the tax treaty article that you specify on line 10a.
Line 10a: Enter the tax treaty article number that applies to your income from Facebook. You can find the tax treaty articles for different types of income on the IRS website .
Line 10b: Enter the withholding rate that applies to your income from Facebook according to the tax treaty article that you specified on line 10a. For example, if you are claiming a 0% withholding rate on royalties, enter 0.
Line 10c: Enter the type of income that you receive from Facebook and that is covered by the tax treaty article that you specified on line 10a. For example, if you are claiming a tax treaty benefit on royalties, enter royalties.
Line 10d: Check the box if you meet the limitation on benefits provision of the tax treaty that you specified on line 10a. This provision is designed to prevent treaty shopping and abuse by third-country residents. You can find the limitation on benefits provision for each tax treaty on the IRS website .
Line 10e: Check the box if you are claiming a tax treaty benefit for income that is effectively connected with a US trade or business. You must also attach a Form W-8ECI to your W-8BEN form.
Line 11: Check the box if you are providing this form to an intermediary or a flow-through entity, such as a partnership, trust, or estate. You must also provide additional information as required by the intermediary or flow-through entity.
How to Submit W-8BEN Form to Facebook?
Once you have completed and signed your W-8BEN form, you need to upload it to your Facebook payment account. Here is how to do it:
Login to your Facebook account and go to .
Select the payment account that you want to update and click on Settings.
Under Tax Information, click on Add or Edit.
Select W-8BEN as your form type and click on Next.
Upload a scanned copy or a photo of your W-8BEN form and click on Next.
Review your information and click on Submit.
You will receive a confirmation email from Facebook once your W-8BEN form is processed and approved. This may take up to 24 hours.
How to Update W-8BEN Form on Facebook?
You need to update your W-8BEN form on Facebook if any of the following situations apply:
Your personal or tax information has changed, such as your name, address, country of residence, or tax identification number.
Your tax treaty benefits have changed, such as your eligibility for a lower withholding rate or a limitation on benefits provision.
Your W-8BEN form has expired. The form is valid for three years from the date of signature, unless a change in circumstances makes it incorrect or incomplete.
To update your W-8BEN form on Facebook, you need to follow the same steps as submitting a new form, except that you need to select Edit instead of Add under Tax Information. You also need to upload a new W-8BEN form with the updated information and signature.
Conclusion
In this article, we have explained how to download W-8BEN form for Facebook in 2022. We have also covered why you need it, how to fill it out, how to submit it, and how to update it. By submitting W-8BEN form to Facebook, you can certify your foreign status and claim the benefits of a tax treaty, if applicable. This can help you avoid unnecessary withholding and comply with US tax laws. If you have not done so already, we encourage you to download W-8BEN form now and submit it to Facebook as soon as possible.
FAQs
Q: What is the difference between W-8BEN and W-8BEN-E?
A: W-8BEN is for non-US individuals, while W-8BEN-E is for non-US entities, such as corporations, partnerships, trusts, or estates. If you are a non-US entity, you need to use W-8BEN-E instead of W-8BEN.
Q: How can I get a US taxpayer identification number (TIN)?
A: If you are a non-US individual who needs a TIN, you have two options: a social security number (SSN) or an individual taxpayer identification number (ITIN). An SSN is issued by the Social Security Administration (SSA) and is only available to non-US individuals who are authorized to work in the US. An ITIN is issued by the Internal Revenue Service (IRS) and is available to non-US individuals who are not eligible for an SSN but have a tax filing or reporting requirement. You can apply for an SSN at an SSA office or online .
Q: How can I find out if my country has a tax treaty with the US?
A: The US has tax treaties with many countries around the world, which can reduce or eliminate withholding on certain types of income paid to non-US persons. You can find out if your country has a tax treaty with the US by checking the IRS website . You can also find the text and summary of each tax treaty on the same website.
Q: How can I contact Facebook if I have any questions or issues with my W-8BEN form?
A: If you have any questions or issues with your W-8BEN form or your payments from Facebook, you can contact Facebook through their help center . You can also find answers to common questions and problems on their help center.
Q: How often do I need to submit W-8BEN form to Facebook?
A: You need to submit W-8BEN form to Facebook only once, unless your personal or tax information changes or your form expires. Your form is valid for three years from the date of signature, unless a change in circumstances makes it incorrect or incomplete. If you need to update your form, you need to submit a new one with the updated information and signature. 44f88ac181
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