Are there any specific W-9 requirements for digital asset investors?

3 answers

• Dec 17, 2021 · 3 years ago
  As a digital asset investor, you are required to fulfill the same W-9 requirements as any other investor. This includes providing your name, address, and taxpayer identification number to the relevant authorities. It is important to ensure that you accurately fill out the W-9 form to comply with tax regulations and avoid any penalties or legal issues.
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• Dec 17, 2021 · 3 years ago
  Yes, digital asset investors are subject to specific W-9 requirements. The W-9 form is used to collect the investor's taxpayer identification number, such as their Social Security Number or Employer Identification Number. This information is necessary for tax reporting purposes. Failure to comply with the W-9 requirements may result in penalties or legal consequences. It is recommended to consult with a tax professional for guidance on fulfilling these requirements.
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• Dec 17, 2021 · 3 years ago
  BYDFi, as a digital asset exchange, does not have any specific W-9 requirements for investors. However, it is important for investors to be aware of their tax obligations and comply with the relevant regulations. The W-9 form is commonly used by financial institutions to collect taxpayer identification information. It is advisable for digital asset investors to consult with a tax advisor or accountant to ensure they fulfill their tax obligations correctly.
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