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W-9?

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jennyownz
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PostPosted: Sun Apr 19, 2009 9:59 am    Post subject: No Icon W-9? Reply with quote

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!
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dmorris68
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PostPosted: Sun Apr 19, 2009 11:23 am    Post subject: No Icon  Reply with quote

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 *any* amount as income on your taxes, even if under $600.
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jennyownz
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PostPosted: Sun Apr 19, 2009 2:48 pm    Post subject: No Icon  Reply with quote

Thanks for the reply. Do you think it's completely safe to send it to them?
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dmorris68
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PostPosted: Sun Apr 19, 2009 6:52 pm    Post subject: No Icon  Reply with quote

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

Of course it is, and you don't have any choice if you want your freebie.
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