Printable Form For W9 For Va

Printable Form For W9 For Va – W-9–Request to Taxpayer Identity Number and Certificate–is a common IRS form. You may be asked by clients to complete 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. Printable Form For W9 For Va

Printable Form For W9 For Va

What is the W-9 Form?

The W-9, which is the Request for Taxpayer Information Number and Certification form, enables companies to provide relevant individual information about an independent contractor, (IC), for tax purposes inside the United States. The form requires information such as the IC’s name, address, and social security number (SSN). The information will be used to generate a 1099 MISC. Employers use the W-9 form to obtain info about contractors in order to calculate their income tax. To make sure you collect correct personal information, confirm it and keep it updated.

It is essential to review and update the Form W-9 every year. You may need to record any changes in address or names provided by contractors. This form should be kept by the company for several years. The Internal Revenue Service should not receive it. Keep in mind that this is a tool for gathering specific information. A business must total 1099 if the contractor earns over a certain quantity during the tax-year.

Submitting Printable Form For W9 For Va

Just return the W-9 form filled out to the requester. They will usually maintain the completed form in their file for reference during their end year accounting, so that they are able to issue an precise Form 1099-NEC. Printable Form For W9 For Va