2022 W9 Fillable Form

2022 W9 Fillable Form – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. If you have your own business or function 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 W9 Fillable Form

2022 W9 Fillable Form

What is a 2022 W9 Fillable Form

The W-9, which is the Request for Taxpayer Info Number and Certification form, enables businesses to supply relevant personal info about an independent contractor, (IC), for tax purposes within the United States. The form demands info such as the IC’s name, address, and social safety number (SSN). This info is used to create a 1099MISC. Employers need to have the W-9 form in place to get information on contractors for income-tax purposes. To make sure you collect accurate personal info, verify it and maintain it updated.

The Form W-9 must be updated annually and should be reviewed. However, if a contractor offers you with an updated address or a name change, these changes may be recorded for use. This form ought to be retained by the company for a lot of years. The Internal Revenue Service shouldn’t obtain it. Bear in mind that this is a tool for gathering particular info. A company must total 1099 if the contractor earns over a certain amount during the tax-year.

Sending form W-9

Simply return the completed W-9 form to the person or company requesting it. They will typically keep the completed form in their files for reference throughout their end-of-year accounting to ensure that they can issue an correct Form 1099-NEC. 2022 W9 Fillable Form how to fill out a w9 form 2020