- quote -

Fraud is not a problem but IRS may direct your broker to impose backup
withholding on your investment income if you do not furnish them a Form
W-8BEN.

See the Instructions for Form W-8BEN.

http://www.irs.gov/pub/irs-pdf/iw8ben.pdf


Condor

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

i read online that the irs requires me to file it because i'm a
foreign investor.
but my stockbroker didn't tell me to file w-8 ben. i owned mutual
funds in 2007.

since i didn't file w-8 ben, will i get in trouble with IRS? is this
considered fraud?

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >