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Posted by Condor on March 14, 2008, 1:28 am
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>i read online that the irs requires me to file it because i'm a
> foreign investor.
> but my stockbroker didn't tell me to file w-8 ben. i owned mutual
> funds in 2007.
>
> since i didn't file w-8 ben, will i get in trouble with IRS? is this
> considered fraud?
Fraud is not a problem but IRS may direct your broker to impose backup
withholding on your investment income if you do not furnish them a Form
W-8BEN.
See the Instructions for Form W-8BEN.
http://www.irs.gov/pub/irs-pdf/iw8ben.pdf
Condor
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