Printable W9 Form For Employees – The IRS commonly utilizes Form W-9-Request for Taxpayer Information Number and Certification. Customers may ask you to fill out and submit a W-9 form if you are a sole proprietor or independent contractor. They’ll use this info to prepare your 1099 NEC form accurately and report all payments at the end. Printable W9 Form For Employees
What is a Printable W9 Form For Employees ?
The W-9 or Request for Taxpayer identification Number and Certification form offers a company relevant information about an individual contractor (IC), or freelancer to become used for tax purposes in America. The form asks about the IC’s name and address. It also requests info like their social security numbers (SSN), as well as other particulars. The data is used to generate a 1099-MISC. Employers use the W-9 form to acquire information about contractors in order to calculate their income tax. To make sure you collect accurate personal info, confirm it and keep it updated.
Annually, you should review and update Form W-9. It is feasible to help keep the W-9 if you receive a contractor’s updated address or name changes. The business should retain the info on this form for a number of years. The Internal Revenue Service should not have it. Remember that it is a tool to gather particular information that a company needs to complete 1099 if the contractor earns more than a particular amount throughout the tax year.
Submitting the Form W-9
Send the W-9 form completed to the company or individual who requested it. They will frequently keep the completed forms in their files to ensure that they can problem a right Form 1099 -NEC at the end of the year. Printable W9 Form For Employees where can i print a w-9 form