W 9 Form Free Template – Form W-9–Request for Taxpayer Identification Number and Certification–is a generally used IRS form. When you work for a client, or in case your business is independent, they may ask that you fill out and return a W-9 to ensure they can prepare the 1099-NEC form accurately and then report the payments you obtain at the close of the year. W 9 Form Free Template
What is a W 9 Form Free Template
The W-9 (Request for Taxpayer ID Number and Certification form) provides a business with the essential personal info about an independent contractor or freelancer to be able to file tax returns in the United States. The form demands info such as the IC’s name, address, and social security number (SSN). The data is used for generating a 1099-MISC. The W-9 Form is an essential tool for employers to gather info about contractors for income tax purposes. You can confirm the info and maintain it present to ensure correct individual information.
It is important to review and update the Form W-9 every year. However, if a contractor offers you with an updated address or a name change, these changes may be recorded for use. This form should stay with the business for a number of decades. It shouldn’t visit the Internal Revenue Service. It is intended to be used by a contractor to collect specific information.
Submitting W 9 Form Free Template
Send the W-9 form completed to the company or person who requested it. They’ll usually keep the completed form in their file for reference during their end year accounting, to ensure that they are able to problem an exact Form 1099-NEC. W 9 Form Free Template