Download W-9 Forms – W-9–Request to Taxpayer Identity Number and Certificate–is a typical IRS form. 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. Download W-9 Forms
What is a Download W-9 Forms
The W-9, also known as Request for Taxpayer Identity Number and Certificate, is a form that offers companies with individual info 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. This data is used in order to generate a 1099 MISC. Employers should use the W-9 Form as a tool to determine contractors for income tax purposes. To ensure you collect accurate personal information, confirm it and maintain it updated.
The Form W-9 should be updated annually and should be reviewed. However, if a contractor provides you with an updated address or a name change, those changes may be recorded for use. This form ought to be kept by the business for several years. It should not be sent to the Internal Revenue Service. If the contractor earns much more during the tax year, it is only a tool that may be used to collect the particular info that a company must fill out 1099.
Submitting the Form W-9
Just return the W-9 form filled out to the requester. The completed form will probably be kept in the company’s files so they can reference it during end-of-year accounting. Download W-9 Forms download w-9 form irs