Downloadable W9 Tax Form 2021 – Form W-9–Request for Taxpayer Identification Number and Certification–is a commonly used IRS form. You may be asked by clients to finish and mail a W-9. The client will require it to properly prepare your 1099-NEC and report the payments that they produced at the end. Downloadable W9 Tax Form 2021
What is a Downloadable W9 Tax Form 2021 ?
The W-9, which is the Request for Taxpayer Information Number and Certification form, allows businesses to provide relevant individual information about an independent contractor, (IC), for tax purposes within the United States. The form asks for information such as the IC’s name, address, social security number (SSN), and much more. The information is used for generating a 1099-MISC. Employers must use the W-9 Form as a tool to determine contractors for income tax purposes. This form is important for employers to confirm and keep present. It will ensure that you have correct personal information.
The Form W-9 should be updated annually and should be reviewed. If a contractor gives you an updated address or name change, these changes may be recorded for future reference. This form ought to be retained by the company for many years. It should not be sent directly to the Internal Revenue Service. It is intended to become used by a contractor to gather specific information.
Submitting Downloadable W9 Tax Form 2021
Simply total the W-9 Form and return it to the person/company requesting it. They will typically keep the completed form in their files for reference during their end-of-year accounting to ensure that they can issue an accurate Form 1099-NEC. Downloadable W9 Tax Form 2021 is there a w-9 form for 2020