W9

  • Required for U.S. Residents, Citizens, and Taxpayers.

  • Fully Disclosed Client (Individual, Joint, Retirement)

  • Advisor Client (Individual, Joint, Retirement)

  • Non-Disclosed- NonQI Client (Individual/Joint)

  • Individual: AccountHolderDetails

  • Joint: FirstHolderDetails, SecondHolderDetails

  • Retirement: AccountHolderDetails

  • Option 1: Advisor/IBroker collects the tax form records on your website and attaches the corresponding blank form in the XML.

  • Option 2:  Advisor/IBroker will display the tax form on your website and client completes and signs the tax form electronically. Advisor/IBroker attaches the electronically completed and sign tax form along with the XML.

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<xsd:element name="W9" use="Required for U.S. citizens, residents, and Tax Payers" minOccurs="1" maxOccurs="1" />
<xsd:sequence>
 <xsd:attribute name="cert1" type="Boolean" use="Required" />
 <xsd:attribute name="cert2" type="Boolean" use="Required" />
 <xsd:attribute name="cert3" type="Boolean" use="Required" />
 <xsd:attribute name="customer_type" type="customer_type" use="Required" />
 <xsd:attribute name="name" type="String" use="Required" />
 <xsd:attribute name="signature_type" type="signature_type" use="required if blank_form=’true’ " />
 <xsd:attribute name="tax_form_file" type="String" use="Required" />
 <xsd:attribute name="tin" type="String" use="Required" />
 <xsd:attribute name="tin_type" type="SSN" use="Required" />
 <xsd:attribute name="blank_form" type="Boolean" use="Required" />
 <xsd:attribute name="proprietary_form_number" type="String" use="Optional" />
</xsd:sequence>

Parameters

Name

Type

Description

cert1

true

false

The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me)

cert2

true

false

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

cert3

true

false

I am a U.S. Citizen or other U.S. Person

customer_type

Individual

Specify the account type

name

String

Name listed on the W9 must = Applicants First Name + Middle Name (if Applicable) + Last Name + Suffix (if Applicable)

*Data is case and space sensitive.

signature_type

Electronic

Signature type recorded for the Tax Form.

tax_form_file

String

File name of the tax form provided to IBKR in the archive file.

tin

String

The applicant’s SSN. This should be the same as the TIN which was provided in the TaxResidency node.

tin_type

SSN

Will always be SSN for U.S. citizens and Residents.

blank_form

true

false

Indicate if the Tax Form provided to IBKR is blank.

proprietary_form_number

String

Form number if broker/advisor sends proprietary blank forms instead of using the form numbers provided by IBKR.

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Option 1: Collects the tax form records on your website and attaches the corresponding blank form in the XML.
<W9 customer_type="Individual" cert1="true" cert2="true" cert3="true" name="John Smith" tin_type="SSN" tin="487782464" tax_form_file="Form5002.pdf blank_form="true" proprietary_form_number="5002" />
Copy
Option 2: Display the tax form on your website and client completes and signs the tax form electronically. 
<W9 customer_type="Individual" cert1="true" cert2="true" cert3="true" name="John Smith" tin_type="SSN" tin="487782464" tax_form_file="Form5002.pdf blank_form="false" signature_type="Electronic" proprietary_form_number="5002" />