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Trading 212 US Tax Form

I was trying to get that free shares MSE40 offer. After opening the share account they're suddenly saying that due to a change in my information I need to fill in a form with the US IRS. I guess I must have screwed up and ticket something to suggest I have a US connection, or aren't a UK resident.

T212 say I should take professional advice. I'm not going do that for a £1 investment or even £40 free share,  so I thought I'd ask here. 

Here's what pops up, none of the three options are applicable ..


Comments

  • sausage_time
    sausage_time Posts: 1,348 Ambassador
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    If you are a UK resident the first option is correct. 
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • wmb194
    wmb194 Posts: 4,649 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Qyburn said:
    I was trying to get that free shares MSE40 offer. After opening the share account they're suddenly saying that due to a change in my information I need to fill in a form with the US IRS. I guess I must have screwed up and ticket something to suggest I have a US connection, or aren't a UK resident.

    T212 say I should take professional advice. I'm not going do that for a £1 investment or even £40 free share,  so I thought I'd ask here. 

    Here's what pops up, none of the three options are applicable ..


    Why is the first option incorrect? It’s normal these days for stockbrokers that offer US listed shares to insist on you completing a W8-BEN. It’s no big deal.
  • Qyburn
    Qyburn Posts: 3,445 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    I expect you guys are correct but the way I read it I live in the UK, so the UK having a treaty with the UK doesn't make sense. I would have expected it to say I'm resident in country which has a treaty with the US.

    And the fact that it popped up suddenly saying it was because my circumstances have changed doesn't make sense either.
  • sausage_time
    sausage_time Posts: 1,348 Ambassador
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    The form is a US form, and the US does have a treaty with the UK.
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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