Standard Printable W9 Form – W-9–Request to Taxpayer Identity Number and Certificate–is a typical IRS form. You may be asked by customers to complete and mail a W-9. The client will need it to properly prepare your 1099-NEC and report the payments that they made at the finish. Standard Printable W9 Form
What is a Standard Printable W9 Form
The W-9, or Request for Taxpayer Identification Number and Certification form, offers a company with relevant individual information about an independent contractor (IC) or freelancer for tax purposes in the United States. The form requires information such as the IC’s name, address, and social safety number (SSN). The data is used for producing a 1099-MISC. Employers can use the W-9 Form to collect info about contractors for their income tax purposes. Verifying the info on this form and keeping it up-to-date ensures you collected accurate individual info.
It is important to review and update the Form W-9 each year. If a contractor gives you an updated address or name alter, these changes may be recorded for future reference. This form ought to be retained for a number of years by the business. It shouldn’t be sent straight to the Internal Revenue Service. Remember that it is a tool to collect particular info that a company must total 1099 if the contractor earns more than a certain amount throughout the tax year.
Submitting Standard Printable W9 Form
Send the W-9 form completed to the company or person who requested it. They’ll keep the completed W-9 form in their files to become used throughout their end of year accounting. Standard Printable W9 Form