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A guide to Step 5 Residency Summary

ℹ️ This section offers detailed information regarding your tax residency status for U.S. tax purposes. It explains whether you have been classified as a resident, non-resident or dual-status for tax reporting and compliance. 

➡️ If you have been determined to be a non-resident for U.S. tax purposes, you will find the appropriate tax form, Form W-8BEN, available in the Tax Forms section. This form is used to certify your foreign status and claim any applicable benefits under tax treaties. 

➡️ On the other hand, if you are considered a resident for U.S. tax purposes, you will find Form W-9 in the Tax Forms section a W-9 statement if you are eligible to claim treaty benefits. This form is used to provide your correct taxpayer identification number, certify you are a U.S. person for tax reporting purposes and claim applicable treaty benefits, if eligible.

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