Irs Free Printable W9 Form – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. If you have your personal business or function as an independent contractor, a client may request that you fill out and send a W-9 so they can accurately prepare your 1099-NEC form and report the payments they make to you at the end of the year. Irs Free Printable W9 Form
What is a Irs Free Printable W9 Form
The W-9 (Request for Taxpayer ID Number and Certification form) provides a business with the essential personal information about an independent contractor or freelancer to be able to file tax returns in the United States. The form asks about the IC’s name and address. It also requests info like their social safety numbers (SSN), as nicely as other details. This information is used to be able to generate a 1099 MISC. Employers use the W-9 form to acquire info about contractors in order to calculate their income tax. Verifying the info on this form and maintaining it up-to-date ensures you collected accurate personal information.
The Form W-9 must be updated annually and should be reviewed. However, if a contractor offers you with an updated address or a name alter, those changes may be recorded for use. This form should be kept by the company for several years. It should not visit the Internal Revenue Service. Remember that it is a tool to collect specific information that a company must total 1099 if the contractor earns more than a certain quantity throughout the tax year.
Submitting Form w-9
Simply return the completed W-9 form to the individual or company requesting it. They will typically keep the completed form in their files for reference during their end-of-year accounting so that they are able to issue an correct Form 1099-NEC. Irs Free Printable W9 Form