W9 Free Printable Form 2022 – The IRS commonly utilizes Form W-9-Request for Taxpayer Information Number and Certification. When you function 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 after that report the payments you obtain at the close of the year. W9 Free Printable Form 2022
W9 Free Printable Form 2022
What is a W9 Free Printable Form 2022
The W-9, also recognized as Request for Taxpayer Identity Number and Certificate, is a form that provides businesses with personal info concerning 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). This data is used in order to generate a 1099 MISC. Employers must use the W-9 Form as a tool to determine contractors for income tax purposes. Verifying the information on this form and maintaining it up-to-date guarantees you collected correct individual information.
The Form W-9 must be updated annually and should be reviewed. It is possible to keep the W-9 if you receive a contractor’s updated address or name changes. This form should be kept by the business for a number of years. The Internal Revenue Service shouldn’t receive it. Keep in mind that this is a tool for gathering specific info. A company must complete 1099 if the contractor earns more than a certain quantity throughout the tax-year.
Sending form W-9
Simply return the completed W-9 form to the person or company requesting it. They will frequently maintain the completed forms in their files so that they are able to problem a correct Form 1099 -NEC at the finish of the year. W9 Free Printable Form 2022