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Microcap & Penny Stocks : IRAE - Another sucker fish ??? -- Ignore unavailable to you. Want to Upgrade?


To: James W. Bradsh who wrote (143)6/9/1998 3:36:00 PM
From: _Highlander  Read Replies (1) | Respond to of 162
 
I try to! (think as an accountant)

As to definitions, et al....

I just checked the mail and - yes! - it was there! The infamous W-9... so what's the concern? All the answers as to why and what are right there.

W-9 is a poor relation of W-2 and W-4. Specifically, it exempts filers (us) from withholding on the transaction, but obliges us to report it as income(loss). That is the sole purpose of the form; ie, to notify the government (NIAR's responsibility) of income paid to (us) in some form (increase, dividend, etc.,) which may be taxable accordingly.

I have a feeling that unless the value of your soon-to-be-maybe acquired IRAE shares exceeds $600, you have nothing to report! Anyone out there have a million shares or better coming?