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Jake77

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Everything posted by Jake77

  1. Alright, I'll answer No. Thank you.
  2. Never done taxes in my life so I need to confirm this. I received a W8-BEN from Bank of America to fill out and never sent it back. (Changing to another bank soon is my reason.) My answer should remain "No" because W8 is not the same as Tax Return, is it?
  3. Complete question: "Have you EVER not filed a Federal, State, or local tax return since you became a Lawful Permanent Resident?" Context: - Never worked after becoming an LPR. - Still no work as of now. - Received no doc. regarding taxes (Except the W8-BEN from a Bank.) ... Should I answer No? And if I answer no, do I need to provide any explanation / proof?
  4. One of the requirements is a cert. of marriage. What if I'm single and never married, do I still need to get a paper to prove this? If so, what's the name of the document?
  5. When I open a new account with another bank, willnthe new bank send me another W8?
  6. Yes, I'm an LPR. Long story short: I'll open another account with another bank (reason is related to my work). Question: If I were to not send this W8 back to BofA (because I'm opening a new account), would the IRS reprimand me / give me a bad record on their system?
  7. Filling out W8BEN from Bank of America. The form is asking me for my FTIN. - I never worked in the Philippines. - HS graduate. No business or property to my name. - No experience with taxes whatsoever. As far as I know I never had a Tax Identifying Number in the PH. .... There are 3 checkboxes. 1. I am not legally required to have a tax number from my country of residence. 2. My country of residence does not issue tax numbers. 3. Not provided. .... Which one should I choose? Do I have a tax number? I don't recall having one. Do students even get taxed?
  8. Context: - GC Holder. - Has never worked in the U.S. since I arrived. - No experience with taxes (never had to do them in my home country because I didn't work after high school / only waited for my visa.) Questions: 1. Do I REALLY have to fill this out? - I don't have a lot of money in my bank: It won't matter to me even if incomes paid to my account are withheld. (W8BEN says the bank can withhold 24% of income if I don't send my W8.) (I don't work yet. There is nothing to withhold.) (I will be switching banks when I start working. Does this W8 from BofA even matter?) - I will be switching to another bank when I enter Boot Camp. (As of now I'm using Bank of America. The Marines offer people in Boot Camp a chance to open an account with 2 other banks.) If my new bank in Training makes me fill out another W-8 that's fine . . . but do I have to send one to Bank of America RIGHT NOW when I'm about to switch banks anyway? 2. Will I get a negative record on the IRS system or whatever if I don't send this to Bank of America?
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