W9 Form 2022 Free Download – W-9–Request to Taxpayer Identity Number and Certificate–is a typical IRS form. Clients may ask you to fill out and submit a W-9 form if you are a sole proprietor or independent contractor. They will use this information to prepare your 1099 NEC form accurately and report all payments at the end. W9 Form 2022 Free Download
What is a W9 Form 2022 Free Download ?
The W-9, or Request for Taxpayer Identification Number and Certification form, offers a company with relevant individual info about an independent contractor (IC) or freelancer for tax purposes in the United States. The form demands info such as the IC’s name, address, and social safety number (SSN). This information is used to make a 1099MISC. Employers have to have the W-9 form in location to get information on contractors for income-tax purposes. To ensure you collect correct personal info, confirm it and keep it updated.
Annually, you should review and update Form W-9. If a contractor gives you an updated address or name alter, these changes can be recorded for future reference. This form should be retained by the company for many years. It should not be sent directly to the Internal Revenue Service. Remember that it is a tool to gather particular info that a company must complete 1099 if the contractor earns more than a particular amount during the tax year.
Submitting the Form W-9
Simply return the completed W-9 form to the person or company requesting it. The completed form will be kept in the company’s files so they can reference it during end-of-year accounting. W9 Form 2022 Free Download