How do I fill out the W form if I am a single member LLC that is disregarded for tax purposes (LLC Disregarded Company taxed as individual and not as a Corporation)?

1. Access the form:

   • Log into your Payoneer account.
   • Go to 'My Account', then navigate to 'Activity' and select 'Tax Form'.
   • In the Payoneer tax form, click on the 'Entity Forms' section and choose the 'W9' form

2. Fill in your details:

   • Enter your full legal name in the “Name” field.
   • Input the name of your disregarded LLC in the “Business/Disregarded Entity Name” field.

3. Taxpayer Identification Number (TIN):

   • Under Choose the 'SSN' radio button and provide your SSN information. The IRS typically prefers an SSN. While using a sole proprietor EIN is allowed, avoid using your LLC’s EIN unless you have more than one EIN. In most cases, it's advisable to use your SSN.

4. Tax classification:

   • Select 'Other' in the 'Tax Classification' section and specify 'disregarded LLC' in the 'Other Tax Classification' field.

These steps make sure you correctly complete the W9 form on Payoneer for your disregarded LLC, in line with IRS guidelines.

Questions about your Payoneer account? See how to contact Payoneer's support team here.