☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Jun 13, 2019 8:56:08 AM

w-8ben-e

My company pays consulting fees to the Canadian company and the service is performed in Canada.

They send me W-8ben-e form filled out and so what should I do with it?

it seems that we don't file W8 form to IRS and keep it as a record. is it correct?

An is it okay to pay them without withholding taxes for now?

Is there any amount of limit?

0 1 838
1 Replies
Level 15
Jul 17, 2019 6:26:48 AM

Just file the W8-BEN. You are not required to withhold canadian taxes. But you may be required to withhold U.S. Taxes. Without knowing your business structure (S-Corp? C-Corp? Something else?) it's impossible to make the call on this. You may want to consult a professional in your state - especially if your state taxes personal income.