2022 Printable Version Of Form W9 – The IRS generally utilizes Form W-9-Request for Taxpayer Information Number and Certification. If you have your personal company or work as an independent contractor, a client may request that you fill out and send a W-9 so they are able to accurately prepare your 1099-NEC form and report the payments they make to you at the end of the year. 2022 Printable Version Of Form W9
2022 Printable Version Of Form W9
What is a 2022 Printable Version Of Form W9 ?
The W-9, also recognized as Request for Taxpayer Identity Number and Certificate, is a form that provides businesses with individual info concerning an independent contractor (IC), or freelancer, for tax purposes in the United States. The form requests information such as the name and address of the IC, together with their social security number (SSN) as well as other pertinent details. This information is used to be able to generate a 1099 MISC. Employers need to have the W-9 form in location to obtain info on contractors for income-tax purposes. Verifying the information on this form and keeping it up-to-date ensures you collected correct personal info.
It is essential to review and update the Form W-9 each year. Contractors may offer you with updated addresses or name changes. These can be recorded for the future reference. This form ought to be retained for a number of years by the business. The Internal Revenue Service shouldn’t have it. Bear in mind that this is a tool for gathering particular information. A company must complete 1099 if the contractor earns over a particular amount during the tax-year.
Submitting Form w-9
The completed W-9 form ought to be returned to the company or person who requests it. They will generally keep the completed form in their file for reference throughout their finish year accounting, so that they are able to problem an precise Form 1099-NEC. 2022 Printable Version Of Form W9
