UPDATE W-8BEN TAX FORMS

You can use the button above or follow the below procedure to update your W-8BEN tax form through Client Portal:…

VERIFY TAX STATUS

Use the button above to log into Client Portal and verify the tax status of your account or request a change:…

UPDATE W-8 TAX FORMS

Interactive Brokers is required to collect certain documentation from clients to comply with U.S. Foreign Account Tax Compliance Act (“FATCA”) and other international exchange of information agreements…

The Form W-8 remains in effect for the period beginning on the date it is signed and ending on the last day of the third succeeding calendar year. IBKR will notify clients in advance when a Form W-8 is about to expire and will present them with the online Tax Form upon login to…

You must complete a Form W-8 because the entity holding your client money is Interactive Brokers LLC, in the US.

In compliance with Treasury Department Circular 230, unless stated to the contrary, any information contained in this FAQ was not intended or written to be used and cannot be used for the purpose of avoiding tax penalties that may be imposed on any taxpayer…

ll Non-US persons and entities are required to complete an IRS Form W-8 to certify their country of tax residence. If you complete Form W-8 you will not receive Form 1099. However, you may receive Form 1042-S which reports interest payments, dividends, and substitute payments in lieu and applicable US tax withholding, thereon, from US securities paid to foreign investors. Refer to…

UPDATE W-9 TAX FORMS

Account holders may use the button above or follow the below procedure to update their W-9 tax form through Client Portal:…

As you complete Form W-8, you have the option to print a copy for your records.

Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor…

US residency status for tax purposes determines the appropriate tax certification that applies to your account. US citizens and legal residents (Green Card holders) are required to complete Form W-9 regardless of residence. All US formed entities and US operations of foreign entities complete Form W-9. If you hold a permanent work Visa and reside in the US you may also complete a W-9…

When you complete your W-8 form, you can denote that you are a UK resident. There is a treaty between the UK and US which allows you to choose to pay your taxes in the UK by entering this information on your W-8 form (terms and conditions apply, e.g., we still will collect taxes on dividends and stamp duty will be collected for all London Stock Exchange share purchases in real-time)…

To ensure proper TPA (Third-Party Plan Administrator) tax reporting and 1099-suppression by Interactive Brokers, the applicant must select “Regulated Retirement Trust” as the Trust Type, fill out the W-9 as usual, and then complete the following ERISA trust entries outlined below:…

As of January 1, 2023, IBKR is required to withhold 10% of the gross proceeds from the sale of MLPs by non-US clients. A client can review the withholding tax on their Activity Statement under the Transaction Fees section.

Additional Information…

IBKR only collects tax data on the trust or ERISA plan. No tax information is collected for the beneficiary or the contributor.  …