W-9 Form Free Fillable – The IRS forms W-9, Request for Taxpayer Identification Number (and Certification) are all commonly used. If you have your own company or function as an independent contractor, a client may request that you fill out and send a W-9 so they can accurately prepare your 1099-NEC form and report the payments they make to you at the end of the year. W-9 Form Free Fillable
What is the W-9 Form?
The W-9, also known as Request for Taxpayer Identity Number and Certificate, is a form that offers businesses with personal info concerning 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). This information is used to make a 1099MISC. Employers can use the W-9 Form to gather info about contractors for their income tax purposes. You can confirm the information and keep it present to ensure accurate individual information.
Every year, the W-9 form should be reviewed and amended. You may need to record any changes in address or names supplied by contractors. The business ought to retain the information on this form for a number of years. The Internal Revenue Service shouldn’t obtain it. Bear in mind that this is a tool for gathering particular info. A company must total 1099 if the contractor earns more than a certain quantity during the tax-year.
Submitting Form w-9
Send the W-9 form completed to the company or person who requested it. They will generally maintain the completed form in their file for reference during their end year accounting, so that they are able to issue an exact Form 1099-NEC. W-9 Form Free Fillable how to fill in a w-9 form