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Part I Student or Borrower Identification All Must Complete Form
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People also ask
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What is the request for student's or borrower's taxpayer identification number and certification?
Form W-9S, Request for Student's Taxpayer Identification Number and Certification, is used by eligible educational institutions to request the taxpayer identification number of students for whom the institution must report 1098-T Tuition Statement information to the Internal Revenue Service. -
Who is required to fill out a w9?
You will need to fill out a W-9 form if you: Classify yourself as an independent contractor or “freelancer.” Are not a full-time employee of the business. Will be paid more than $600 for work provided to the business. -
How do I fill out a W-9 for my child?
Minors: In the case of a minor, the W-9 should be completed with the minor's name and the minor's Taxpayer Identification Number (TIN) since they are the owners of the payment being made. -
What happens if box 7 is checked on 1098-T?
Box 7: If this box is checked, then “payments received” in Box 1 includes “pre-paid fees”. “Pre-paid” fees are those Qualified Tuition and Related Expenses paid during the most recent calendar year for the academic quarter that begins in the next year.
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