W9 2021 Form Printable – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. If you have your personal company 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 finish of the year. W9 2021 Form Printable
What is a W9 2021 Form Printable ?
The W-9 (Request for Taxpayer ID Number and Certification form) provides a business with the essential personal information about an independent contractor or freelancer to be able to file tax returns in the United States. The form asks for info such as the IC’s name, address, social safety number (SSN), and much more. The information will probably be used to produce a 1099 MISC. The W-9 Form is an important tool for employers to gather info about contractors for income tax purposes. Verifying the information on this form and maintaining it up-to-date guarantees you collected correct individual information.
It is essential 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 should be retained by the company for many years. The Internal Revenue Service should not obtain it. If the contractor earns more throughout the tax year, it is only a tool that can be used to gather the specific information that a company must fill out 1099.
Submitting the Form W-9
Just return the W-9 form filled out to the requester. They will typically keep the completed form in their files for reference throughout their end-of-year accounting to ensure that they can issue an correct Form 1099-NEC. W9 2021 Form Printable w9 2021 form printable