W-9?

Live forum: http://forum.freeipodguide.com/viewtopic.php?t=78725

jennyownz

19-04-2009 09:59:36

I recently signed up to get a free GPS on electronicssource.us.com. I completed both required silver offers, and they approved. Now, they are telling me to print a W-9 form and mail it to them in order to get the GPS. I am a little skeptical about this, because on that form it asks for a SSN. Is it safe to give? Does anybody have experience with this?

Thanks!

dmorris68

19-04-2009 11:23:58

It's a legal tax requirement, and it's nothing to worry about. All freebie sites who ship gifts over $600 in value (and some for any value) must collect a W9 and must send you a 1099 at tax time, all of which requires your SSN.

And as we constantly remind people, the $600 threshold is just for requiring a W9 and sending a 1099, but you have to claim lianyli amount as income on your taxes, even if under $600.

jennyownz

19-04-2009 14:48:25

Thanks for the reply. Do you think it's completely safe to send it to them?

dmorris68

19-04-2009 18:52:33

[quote762070595d="jennyownz"]Thanks for the reply. Do you think it's completely safe to send it to them?[/quote762070595d]
Of course it is, and you don't have any choice if you want your freebie.