Blank W-9 Tax Form – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. If you have your own company 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. Blank W-9 Tax Form
What is a Blank W-9 Tax Form ?
The W-9, also known as Request for Taxpayer Identity Number and Certificate, is a form that provides businesses with individual information concerning an independent contractor (IC), or freelancer, for tax purposes in the United States. The form asks about the IC’s name and address. Additionally, it requests information like their social safety numbers (SSN), as well as other particulars. The data is used to generate a 1099-MISC. Employers must use the W-9 Form as a tool to identify contractors for income tax purposes. To make sure you gather accurate personal information, confirm it and keep it updated.
It is essential to review and update the Form W-9 each year. If a contractor gives you an updated address or name change, these changes can be recorded for future reference. This form should stay with the company for several decades. The Internal Revenue Service shouldn’t have it. If the contractor earns much more during the tax year, it is only a tool that can be used to collect the specific info that a company must fill out 1099.
Sending form W-9
Just return the W-9 form filled out to the requester. They’ll generally keep the completed form in their file for reference during their finish year accounting, so that they are able to issue an precise Form 1099-NEC. Blank W-9 Tax Form how to complete a w-9 tax form