Originally Posted by
galveston1602
Those of you opening business accounts as sole props (with SSN instead of EIN's): What are you doing with the w9 that chase sends? I figure its only a w9 so im not to worried but, thought id ask
Just fill it out with your SSN, check Sole-Prop on the form, and return to Chase. W9 is to determine if backup withholding is required and a 1099 at the year end is necessary. I thought they would have asked all of those questions while you open the bank account.