Printable W9 Form Online 2021 – Form W-9–Request for Taxpayer Identification Number and Certification–is a generally used IRS form. If you have your own business or function 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 W9 Form Online 2021
What is a Printable W9 Form Online 2021
The W-9 or Request for Taxpayer identification Number and Certification form provides a business relevant info about a person contractor (IC), or freelancer to become used for tax purposes in America. The form asks about the IC’s name and address. It also requests information like their social security numbers (SSN), as well as other particulars. This data is used in order to generate a 1099 MISC. Employers have to have the W-9 form in location to get info on contractors for income-tax purposes. The W-9 Form is an important tool for employers to collect accurate info about contractors.
It is essential to review and update the Form W-9 every year. Contractors may provide you with updated addresses or name changes. These can be recorded for the future reference. This form should be retained for a number of years by the business. The Internal Revenue Service should not have it. Bear in mind that this is a tool for gathering particular information. A company should complete 1099 if the contractor earns more than a particular quantity throughout the tax-year.
Send Form Printable W9 Form Online 2021
Send the W-9 form completed to the company or individual who requested it. The completed form will probably be kept in the company’s files so they are able to reference it during end-of-year accounting. Printable W9 Form Online 2021