2022 Form W9 – Form W-9–Request for Taxpayer Identification Number and Certification–is a generally used IRS form. You may be asked by customers to finish and mail a W-9. The client will need it to properly prepare your 1099-NEC and report the payments that they made at the finish. 2022 Form W9
2022 Form W9
What is a 2022 Form W9
The W-9, or Request for Taxpayer Identification Number and Certification form, provides a company with relevant personal info about an independent contractor (IC) or freelancer for tax purposes in the United States. This form asks for the IC’s name and address. This information is used to make a 1099MISC. Employers use the W-9 form to acquire information about contractors to be able to calculate their income tax. This form is important for employers to confirm and maintain present. It’ll ensure that you have accurate personal data.
Form W-9 should be reviewed and updated yearly. However, if a contractor provides you with an updated address or a name alter, these changes may be recorded for use. This form should be retained by the company for many years. It shouldn’t go to the Internal Revenue Service. If the contractor earns much more throughout the tax year, it is only a tool that can be used to collect the particular information that a company must fill out 1099.
Send Form 2022 Form W9
The completed W-9 form ought to be returned to the company or individual who requests it. They’ll generally keep the completed form in their file for reference during their end year accounting, so that they are able to issue an precise Form 1099-NEC. 2022 Form W9
