2021 W9 Forms Printable – The IRS commonly uses Form W-9-Request for Taxpayer Information Number and Certification. A client might request that you total and send a W-9 if you own a business or function independently. This will allow them to accurately prepare their 1099-NEC forms and report any payments made to you at year’s finish. 2021 W9 Forms Printable
What is a 2021 W9 Forms Printable ?
The W-9, which is the Request for Taxpayer Information Number and Certification form, enables businesses to provide relevant personal info about an independent contractor, (IC), for tax purposes inside the United States. The form requires information such as the IC’s name, address, and social safety number (SSN). This information is used to make a 1099MISC. Employers can use the W-9 Form to gather info about contractors for their income tax purposes. The W-9 Form is an essential tool for employers to gather correct info about contractors.
It is important to review and update the Form W-9 every year. Contractors may offer you with updated addresses or name changes. These may be recorded for the future reference. This form ought to stay with the business for several decades. The Internal Revenue Service should not have it. You ought to keep in mind that the 1099 is used to provide specific information to a business.
Submitting the Form W-9
Send the W-9 form completed to the company or person who requested it. They will typically keep the completed form in their files for reference throughout their end-of-year accounting to ensure that they can problem an correct Form 1099-NEC. 2021 W9 Forms Printable is there a w-9 form for 2020