Printable W9 Form – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. A client may request that you complete and send a W-9 if you personal a company or work independently. This will allow them to accurately prepare their 1099-NEC forms and report any payments produced to you at year’s finish. Printable W9 Form
What is a Printable W9 Form
The W-9 (Request for Taxpayer ID Number and Certification form) offers a company with the necessary personal info about an independent contractor or freelancer to be able to file tax returns in the United States. The form asks about the IC’s name and address. Additionally, it requests information like their social safety numbers (SSN), as nicely as other particulars. This data is used in order to generate a 1099 MISC. Employers use the W-9 form to obtain information about contractors to be able to calculate their income tax. The W-9 Form is an important tool for employers to collect accurate information about contractors.
It is essential to review and update the Form W-9 every year. It is possible to keep the W-9 if you receive a contractor’s updated address or name changes. This form ought to be kept by the business for several years. It should not be sent straight to the Internal Revenue Service. Bear in mind that this is a tool for gathering particular information. A company must total 1099 if the contractor earns more than a particular quantity during the tax-year.
Sending form W-9
Simply total the W-9 Form and return it to the person/company requesting it. The completed form will be kept in the company’s files so they are able to reference it throughout end-of-year accounting. Printable W9 Form printable w9 form 2021