Printable Tx W9 Form – W-9–Request to Taxpayer Identity Number and Certificate–is a typical IRS form. If you have your personal business or work as an independent contractor, a client may request that you fill out and send a W-9 so they are able to accurately prepare your 1099-NEC form and report the payments they make to you at the end of the year. Printable Tx W9 Form
What is the W-9 Form?
The W-9 or Request for Taxpayer identification Number and Certification form provides a company relevant info about a person contractor (IC), or freelancer to become used for tax purposes in America. The form asks for information such as the IC’s name, address, social security number (SSN), and much more. The information will probably be used to produce a 1099 MISC. Employers use the W-9 form to acquire information about contractors in order to calculate their income tax. Verifying the information on this form and maintaining it up-to-date guarantees you collected accurate personal information.
It is essential to review and update the Form W-9 each year. It is possible to keep the W-9 if you obtain a contractor’s updated address or name changes. This form should be retained for several years by the business. The Internal Revenue Service should not receive it. If the contractor earns more throughout the tax year, it is only a tool that can be used to gather the particular information that a company must fill out 1099.
Submitting the Form W-9
The completed W-9 form should be returned to the company or person who requests it. They will typically keep the completed form in their files for reference during their end-of-year accounting so that they can issue an accurate Form 1099-NEC. Printable Tx W9 Form