W9 2022 Form – A common IRS form is Form W-9–Request For Taxpayer ID Number and Certification. Clients may ask you to fill out and submit a W-9 form if you are a sole proprietor or independent contractor. They’ll use this information to prepare your 1099 NEC form accurately and report all payments at the end. W9 2022 Form
W9 2022 Form
What is a W9 2022 Form ?
The W-9, or Request for Taxpayer Identification Number and Certification form, provides a business with relevant personal info about an independent contractor (IC) or freelancer for tax purposes in the United States. The form requires info such as the IC’s name, address, and social security number (SSN). The data is used for generating a 1099-MISC. Employers can use the W-9 Form to gather information about contractors for their income tax purposes. Verifying the information on this form and maintaining it up-to-date guarantees you collected accurate individual information.
Form W-9 ought to be reviewed and updated yearly. You may have to record any changes in address or names supplied by contractors. This form should remain with the business for a number of decades. The Internal Revenue Service shouldn’t have it. It is intended to become used by a contractor to gather particular info.
Submitting W9 2022 Form
Send the W-9 form completed to the company or individual who requested it. They’ll generally keep the completed form in their file for reference during their finish year accounting, so that they are able to problem an precise Form 1099-NEC. W9 2022 Form online w9 form 2022