Printable Irs W9 Form

Printable Irs W9 Form – Form W-9–Request for Taxpayer Identification Number and Certification–is a commonly used IRS form. When you function for a client, or in case your business is independent, they may ask that you fill out and return a W-9 to make sure they can prepare the 1099-NEC form accurately and after that report the payments you receive at the close of the year. Printable Irs W9 Form

Printable Irs W9 Form

What is the W-9 Form?

The W-9, also recognized as Request for Taxpayer Identity Number and Certificate, is a form that offers companies with individual info concerning an independent contractor (IC), or freelancer, for tax purposes in the United States. The form asks about the IC’s name and address. It also requests information like their social safety numbers (SSN), as well as other details. This info is used to make a 1099MISC. Employers need to have the W-9 form in place to obtain information on contractors for income-tax purposes. Verifying the info on this form and keeping it up-to-date guarantees you collected correct personal information.

The Form W-9 must be updated annually and ought to be reviewed. Contractors may offer you with updated addresses or name changes. These can be recorded for the future reference. This form should be kept by the company for several years. It should not be sent to the Internal Revenue Service. Remember that it is a tool to collect specific info that a company must complete 1099 if the contractor earns more than a particular quantity during the tax year.

Submitting the Form W-9

Simply complete 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 throughout their end-of-year accounting so that they are able to issue an accurate Form 1099-NEC. Printable Irs W9 Form