Irs+Form+W9+2022+Printable – The IRS commonly utilizes Form W-9-Request for Taxpayer Info Number and Certification. If you have your own business or work 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+Form+W9+2022+Printable
What is a Irs+Form+W9+2022+Printable
The W-9 or Request for Taxpayer identification Number and Certification form provides a company relevant info about an individual contractor (IC), or freelancer to become used for tax purposes in America. The form requests info such as the name and address of the IC, along with their social safety number (SSN) as well as other pertinent particulars. This info is used to make a 1099MISC. The W-9 Form is an important tool for employers to gather information about contractors for income tax purposes. To make sure you gather accurate personal info, confirm it and keep it updated.
Every year, the W-9 form ought to be reviewed and amended. You may have to record any changes in address or names provided by contractors. This form should stay with the business for several decades. It should not be sent to the Internal Revenue Service. Remember that it is a tool to collect specific information that a company needs to complete 1099 if the contractor earns more than a particular quantity during the tax year.
Sending form W-9
Send the W-9 form completed to the company or person who requested it. The completed form will be kept in the company’s files so they are able to reference it throughout end-of-year accounting. Irs+Form+W9+2022+Printable