Download W9 Tax Form – The IRS commonly utilizes Form W-9-Request for Taxpayer Information Number and Certification. A client might request that you total and send a W-9 if you personal a business or function independently. This will permit them to accurately prepare their 1099-NEC forms and report any payments produced to you at year’s end. Download W9 Tax Form
What is a Download W9 Tax Form
The W-9, also known as Request for Taxpayer Identity Number and Certificate, is a form that provides companies with personal info regarding an independent contractor (IC), or freelancer, for tax purposes in the United States. This form asks for the IC’s name and address. This information is used to be able to produce a 1099 MISC. Employers should use the W-9 Form as a tool to identify contractors for income tax purposes. The W-9 Form is an important tool for employers to collect correct info about contractors.
The Form W-9 must be updated annually and ought to be reviewed. However, if a contractor provides you with an updated address or a name alter, those changes may be recorded for use. This form should be retained for several years by the business. It should not be sent straight to the Internal Revenue Service. It is intended to be used by a contractor to gather particular info.
Submitting the Form W-9
Send the W-9 form completed to the company or individual who requested it. They’ll generally keep the completed form in their file for reference during their end year accounting, so that they are able to problem an precise Form 1099-NEC. Download W9 Tax Form how do i get a w-9 tax form