Operational: Practical Implementation

Module 1: Information Reporting Impacts All Types of Businesses
6 Lessons | 1 Quiz
Lesson 1: Chapters 3, 4, 61, and Section 3406 Refresher
Lesson 2: Financial Services Organizations, Banks and Brokers
Lesson 3: Financial Services Organizations, Asset Managers and Investment Companies
Lesson 4: Financial Services Organizations, Insurance Companies
Lesson 5: Nonfinancial Services Organizations
Lesson 6: Departments Within All Organizations That Have Information Reporting and Withholding Responsibilities
Course 2: Module 1 Quiz
Module 2: Identifying the Payee or Beneficial Owner
20 Lessons | 1 Quiz
Lesson 1: Why do we need to identify the payee or beneficial owner?
Lesson 2: What is a U.S. Person?
Lesson 3: What is a U.S. resident: The Green Card Test
Lesson 4: What is a U.S. resident: The Substantial Presence Test
Lesson 5: What rules apply to U.S. persons?
Lesson 6: What is a non-U.S. person?
Lesson 7: Corporations and Partnerships
Lesson 8: What rules apply to non-U.S. persons? Chapter 3: U.S. Source FDAP
Lesson 9: Determining the Source of Income
Lesson 10: What rules apply to non-U.S. persons? Chapter 3: ECI
Lesson 11: What is a payee?
Lesson 12: What is a Check the Box entity?
Lesson 13: What is a beneficial owner?
Lesson 14: What is an exempt entity?
Lesson 15: What is an intermediary or flow-through entity?
Lesson 16: What Rules Apply To Non-U.S. Persons? Chapter 4
Lesson 17: What is an IGA?
Lesson 18: What is CRS?
Lesson 19: Who is the payee or beneficial owner in each business?
Lesson 20: Who is the payee or beneficial owner in each department?
Course 2: Module 2 Quiz
Module 3: W-9 Walkthrough
6 Lessons | 1 Quiz
Lesson 1: Introduction to the Form W-9
Lesson 2: Overview of the Form W-9
Lesson 3: W-9 Walkthrough Part 1
Lesson 4: W-9 Walkthrough Part 2
Lesson 5: W-9 Walkthrough Part 3
Lesson 6: W-9 Walkthrough Conclusion
Course 2: Module 3 Quiz
Module 4: W-8BEN Walkthrough
4 Lessons | 1 Quiz
Lesson 1: Overview & W-8BEN Walkthrough Part 1
Lesson 2: W-8BEN Walkthrough Part 2
Lesson 3: W-8BEN Walkthrough Part 3
Lesson 4: W-8BEN Walkthrough Conclusion
Course 2: Module 4 Quiz
Module 5: W-8BEN-E Walkthrough
8 Lessons | 1 Quiz
Lesson 1: W-8BEN-E Walkthrough Part 1
Lesson 2: W-8BEN-E Walkthrough Part 2
Lesson 3: W-8BEN-E Walkthrough Part 3
Lesson 4: W-8BEN-E Walkthrough Part 4
Lesson 5: W-8BEN-E Walkthrough Part 5
Lesson 6: W-8BEN-E Walkthrough Part 6
Lesson 7: W-8BEN-E Walkthrough Part 7
Lesson 8: W-8BEN-E Walkthrough Conclusion
Course 2: Module 5 Quiz
Module 6: W-8ECI Walkthrough
3 Lessons | 1 Quiz
Lesson 1: W-8ECI Walkthrough Part 1
Lesson 2: W-8ECI Walkthrough Part 2
Lesson 3: W-8ECI Walkthrough Conclusion
Course 2: Module 6 Quiz
Module 7: W-8EXP Walkthrough
7 Lessons | 1 Quiz
Lesson 1: Overview
Lesson 2: W-8EXP Walkthrough Part 1
Lesson 3: W-8EXP Walkthrough Part 2
Lesson 4: W-8EXP Walkthrough Part 3
Lesson 5: W-8EXP Walkthrough Part 4
Lesson 6: W-8EXP Walkthrough Part 5
Lesson 7: Form W-8EXP Walkthrough Conclusion
Course 2: Module 7 Quiz
Module 8: W-8IMY Walkthrough
14 Lessons | 1 Quiz
Lesson 1: W-8IMY Overview Part 1
Lesson 2: W-8IMY Overview Part 2
Lesson 3: W-8IMY Overview Part 3
Lesson 4: W-8IMY Overview Part 4
Lesson 5: W-8IMY Walkthrough Part 1
Lesson 6: W-8IMY Walkthrough Part 2
Lesson 7: W-8IMY Walkthrough Part 3
Lesson 8: W-8IMY Walkthrough Part 4
Lesson 9: W-8IMY Walkthrough Part 5
Lesson 10: W-8IMY Walkthrough Part 6
Lesson 11: W-8IMY Walkthrough Part 7
Lesson 12: W-8IMY Walkthrough Part 8
Lesson 13: W-8IMY Walkthrough Part 9
Lesson 14: W-8IMY Conclusion
Course 2: Module 8 Quiz
Module 9: 8233 Walkthrough
7 Lessons | 1 Quiz
Lesson 1: 8233 Walkthrough Part 1
Lesson 2: 8233 Walkthrough Part 2
Lesson 3: 8233 Walkthrough Part 3
Lesson 4: 8233 Walkthrough Part 4
Lesson 5: 8233 Walkthrough Part 5
Lesson 6: 8233 Walkthrough Part 6
Lesson 7: 8233 Conclusion
Course 2: Module 9 Quiz
Module 10: Payments and Withholding
13 Lessons | 1 Quiz
Lesson 1: What are payments and withholding?
Lesson 2: Backup Withholding Under Section 3406 and Form 1099 Reporting Under Chapter 61
Lesson 3: Amounts Subject to Chapter 3 Withholding – Withholding Agents
Lesson 4: Amounts Subject to Chapter 3 Withholding: U.S. Source FDAP Income
Lesson 5: Amounts Subject to Chapter 3 Withholding: Exemptions and Treaty Rates
Lesson 6: Chapter 4 Withholdable Payments
Lesson 7: Amounts Subject to Chapters 3 and 4 Withholding: Withholding Agent Liability and Timing
Lesson 8: Chapter 3 and 4 Adjustments for Overwithholding – Reimbursement Procedure
Lesson 9: Chapter 3 and 4 Adjustments for Overwithholding – Set-off Procedure
Lesson 10: Deposits – When Required for Backup Withholding
Lesson 11: Deposits – When Required for Chapter 3 and 4 Withholding
Lesson 12: Deposits – Chapter 3 and 4 – Escrow
Lesson 13: Deposits – Electronic Federal Tax Payment System (EFTPS) & Deposit Penalties
Course 2: Module 10 Quiz
Module 11: Reporting
18 Lessons | 1 Quiz
Lesson 1: What is Reporting?
Lesson 2: Form 1099 Reporting Regime
Lesson 3: When is Form 1099 Reporting Not Required?
Lesson 4: Common Forms 1099 and Deadlines
Lesson 5: Electronic Filing of Forms 1099
Lesson 6: How a Payor Furnishes Forms 1099 to Payees or Recipients
Lesson 7: Form 945
Lesson 8: Chapter 3 Reporting and Form 1042
Lesson 9: Chapter 3 Reporting – Form 1042-S
Lesson 10: Chapter 4 Reporting on Forms 1042 and 1042-S
Lesson 11 : Form 1042-S Extensions
Lesson 12: Forms 1099 and 1042-S Penalties. Failure to File Correct Information Returns by the Due Date
Lesson 13: Forms 1099 and 1042-S Penalties. Failure to Furnish Correct Information Returns by the Due Date and Intentional Disregard
Lesson 14: Amended Forms 1099 and 1042-S
Lesson 15: Amended Forms 1042 and 945
Lesson 16: Chapter 4 Reporting – Form 8966
Lesson 17: IGA Reporting
Lesson 18: CRS Reporting
Course 2: Module 11 Quiz
Module 12: Forms 1099
7 Lessons | 1 Quiz
Lesson 1: Form 1099-MISC Walkthrough Part 1
Lesson 2: Form 1099-MISC Walkthrough Part 2
Lesson 3: Form 1099-INT Walkthrough Part 1
Lesson 4: Form 1099-INT Walkthrough Part 2
Lesson 5: Form 1099-DIV Walkthrough Part 1
Lesson 6: Form 1099-DIV Walkthrough Part 2
Lesson 7: Form 1099-NEC Walkthrough
Course 2: Module 12 Quiz
Module 13: 1042 Walkthrough
10 Lessons | 1 Quiz
Lesson 1: Form 1042 Overview
Lesson 2: Form 1042 Walkthrough Part 1
Lesson 3: Form 1042 Walkthrough Part 2
Lesson 4: Form 1042 Walkthrough Part 3
Lesson 5: Form 1042 Walkthrough Part 4
Lesson 6: Form 1042 Walkthrough Part 5
Lesson 7: Form 1042 Walkthrough Part 6
Lesson 8: Form 1042 Walkthrough Part 7
Lesson 9: Form 1042 Walkthrough Part 8
Lesson 10: Form 1042 Conclusion
Course 2: Module 13 Quiz
Module 14: 1042-S Walkthrough
14 Lessons | 1 Quiz
Lesson 1: Form 1042-S Amounts Subject to Reporting
Lesson 2: Form 1042-S Amounts Not Subject to Reporting
Lesson 3: Form 1042-S Walkthrough Part 1
Lesson 4: Form 1042-S Walkthrough Part 2
Lesson 5: Form 1042-S Walkthrough Part 3
Lesson 6: Form 1042-S Walkthrough Part 4
Lesson 7: Form 1042-S Walkthrough Part 5
Lesson 8: Form 1042-S Walkthrough Part 6
Lesson 9: Form 1042-S Walkthrough Part 7
Lesson 10: Form 1042-S Walkthrough Part 8
Lesson 11: Form 1042-S Walkthrough Part 9
Lesson 12: Form 1042-S Walkthrough Part 10
Lesson 13: Form 1042-S Walkthrough Part 11
Lesson 14: Form 1042-S Conclusion
Course 2: Module 14 Quiz
Module 15: 8966 Walkthrough
10 Lessons | 1 Quiz
Lesson 1: Form 8966 Overview Part 1
Lesson 2: Form 8966 Overview Part 2
Lesson 3: Form 8966 Walkthrough Part 1
Lesson 4: Form 8966 Walkthrough Part 2
Lesson 5: Form 8966 Walkthrough Part 3
Lesson 6: Form 8966 Walkthrough Part 4
Lesson 7: Form 8966 Walkthrough Part 5
Lesson 8: Form 8966 Walkthrough Part 6
Lesson 9: Form 8966 Walkthrough Part 7
Lesson 10: Form 8966 Conclusion
Course 2: Module 15 Quiz
Module 16: IGA
6 Lessons | 1 Quiz
Lesson 1: IGA Walkthrough Part 1
Lesson 2: IGA Walkthrough Part 2
Lesson 3: IGA Walkthrough Part 3
Lesson 4: IGA Walkthrough Part 4
Lesson 5: IGA Walkthrough Part 5
Lesson 6: IGA Walkthrough Part 6
Course 2: Module 16 Quiz
End of Course 2 Quiz
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Lesson 9: W-8IMY Walkthrough Part 5

Operational: Practical Implementation Module 8: W-8IMY Walkthrough Lesson 9: W-8IMY Walkthrough Part 5

Lesson 9: W-8IMY Walkthrough Part 5

Lesson 9 continues discussing the certifications for QIs on Form W-8IMY – this time related to QIs that are not QDDs and those that have certain withholding and reporting responsibilities related to backup withholding, nonresident alien withholding, Form 1099 reporting, and Form 1042 and 1042-S reporting.

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