The following FATCA Forms and Instructions for 2014 are now available on the IRS.GOV Forms and Publications Website:
• Form 1042
• Form 8966
• Form W-8BEN
• Instructions to Form W-8BEN
• Form W-8ECI Read More
The following FATCA Forms and Instructions for 2014 are now available on the IRS.GOV Forms and Publications Website:
• Form 1042
• Form 8966
• Form W-8BEN
• Instructions to Form W-8BEN
• Form W-8ECI Read More
In the October 24, 2013 Federal Register, the Internal Revenue Service requested comments on Forms W–8BEN, W–8BEN–E, W–8ECI, W–8EXP, and W–8IMY as revised for Foreign Account Tax Compliance Act – FATCA. Included with their request for comments is a time estimate for purposes of an overall burden calculation.
Form | Number of Respondents | Time per respondent/hours | Total annual burden hours |
W-8BEN | 3,000,000 | 7.18 | 21,540,000 |
W-8BEN-E | 100,000 | 25.23 | 2,523,000 |
W-8ECI | 180,000 | 9.13 | 1,643,400 |
W-8EXP | 240 | 20.05 | 4,812 |
W-8IMY | 400 | 25.23 | 10,092 |
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