How to Fill Out Virginia State W 9

Virginia State W 9 at a glance

What it is: The Commonwealth of Virginia Substitute W-9 Form is a Request for Taxpayer Identification Number and Certification.

Who signs: For a joint account, only the person whose TIN is shown in Part I should sign (when required).

A filled-in Virginia State W 9 example: a sole proprietor fills in the form

Virginia State W 9 example filled out, example: a sole proprietor fills in the form
Sam A. Sample, a sole proprietor, completes the Virginia Substitute W-9. He ticks Sole Proprietorship, enters his names, both addresses, phone numbers and email, then signs and dates. The picture shows one form page and none of its entries is real. Nothing goes in the Taxpayer Identification Number and Unique Entity Identifier boxes because he marks that choice and types the number on the printed form. The Exemptions boxes stay empty because individuals, including sole proprietors, are generally not exempt from backup withholding. His remittance address is the same as his legal address.

How to fill out Virginia State W 9, box by box

Entity Type, Entity Classification and Exemptions

Virginia State W 9 example filled out, entity Type, Entity Classification and Exemptions

Entity Type: Select the appropriate entity type.

If you are exempt from backup withholding and/or FATCA reporting, enter in the Exemptions box, any code(s) that may apply to you.

Generally, individuals (including sole proprietors) are not exempt from backup withholding.

S corporations must not enter an exempt payee code because they are exempt only for sales of noncovered securities acquired prior to 2012.

If you are exempt from backup withholding, you should still complete this form to avoid possible erroneous backup withholding.

The codes for exemption from FATCA reporting apply to persons submitting this form for accounts maintained outside of the United States by certain foreign financial institutions. If you are only submitting this form for an account you hold in the United States, you may leave this field blank.

Contact Information

Virginia State W 9 example filled out, contact Information

Enter your contact information. Enter your Legal Address. Enter your Business Phone Number. Enter your Email Address.

Enter your Remittance Address. A Remittance Address is the location in which you or your entity receives business payments.

Enter your Mobile Phone Number, if applicable. Enter your Fax Number, if applicable.

Section 2 - Certification

Virginia State W 9 example filled out, section 2 - Certification

Under penalties of perjury, I certify that: 1. The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me), and 2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or c) the IRS has notified me that I am no longer subject to backup withholding, and 3. I am a U.S. citizen or other U.S. person (defined later in general instructions), and 4. The FATCA code(s) entered on this form (if any) indicating that I am exempt from FATCA reporting is correct.

To establish to the paying agent that your TIN is correct, you are not subject to backup withholding, or you are a U.S. person, or resident alien, sign the certification on Form W-9.

You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. For real estate transactions, item 2 does not apply. For mortgage interest paid, acquisition or abandonment of secured property, cancellation of debt, contributions to an individual retirement arrangement (IRA), and generally, payments other than interest and dividends, you are not required to sign the certification, but you must provide your correct TIN.

Under Section 2 - Certification, fill in the Printed Name, the Authorized U.S. Signature and the Date.

More rules for Virginia State W 9

If you are a nonresident alien or a foreign entity, give the requester the appropriate completed Form W-8 or Form 8233.

You must furnish a new Form W-9 if the name or TIN changes for the account, for example, if the grantor of a grantor trust dies.

Common questions about Virginia State W 9

Is there a deadline?

For interest and dividend payments, and certain payments made with respect to readily tradable instruments, generally you will have 60 days to get a TIN and give it to the requester before you are subject to backup withholding on payments. The 60-day rule does not apply to other types of payments. You will be subject to backup withholding on all such payments until you provide your TIN to the requester.

Is there a penalty?

Failure to furnish TIN: If you fail to furnish your correct TIN to a requester, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect (checked October 30, 2026). Civil penalty for false information with respect to withholding: If you make a false statement with no reasonable basis that results in no backup withholding, you are subject to a $500 penalty (checked October 30, 2026). Criminal penalty for falsifying information: Willfully falsifying certifications or affirmations may subject you to criminal penalties including fines and/or imprisonment.

Sources

[1] Commonwealth of Virginia Substitute W-9 Form (Revised March 2022), Virginia Department of Accounts (the Official source link on this page).

Virginia State W 9 Form PDF Details

When dealing with financial and tax-related paperwork, the Virginia State W-9 form is an essential document for individuals and entities conducting business within the Commonwealth of Virginia. This form, officially known as the Request for Taxpayer Identification Number and Certification, serves as a substitute for the federal W-9 form customized for Virginia's specific requirements. It plays a critical role for the Commonwealth's taxpayers, facilitating proper tax reporting and compliance. By providing their Taxpayer Identification Number (TIN)—which could be a Social Security Number (SSN) or Employer Identification Number (EIN)—signatories certify their tax status and, importantly, their exemption from or liability to backup withholding. The form also covers various entity classifications, ranging from individual taxpayers to corporations, partnerships, and trusts, each with distinct tax implications. Adding a layer of complexity, the form touches on the Foreign Account Tax Compliance Act (FATCA), demanding certain U.S. persons to report foreign financial accounts and offshore assets. Moreover, it delves into penalties for non-compliance, emphasizing the legal ramifications of providing incorrect information or failing to report accurately. Signatories are urged to ensure their information is current and correct, updating it as necessary to reflect changes in their legal name, TIN, or tax status, thereby upholding their commitment to tax compliance within the state of Virginia.

QuestionAnswer
Form NameVirginia State W 9 Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesvirginia w9 form 2021, w 9 form virginia, w 9 form va, w9 form virginia