W9 Tax Form Sample – W-9–Request to Taxpayer Identity Number and Certificate–is a common IRS form. If you have your personal company or work 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 end of the year. W9 Tax Form Sample
What is a W9 Tax Form Sample ?
The W-9, or Request for Taxpayer Identification Number and Certification form, provides a business with relevant individual info about an independent contractor (IC) or freelancer for tax purposes in the United States. The form asks for information such as the IC’s name, address, social safety number (SSN), and much more. This info is used to make a 1099MISC. Employers must use the W-9 Form as a tool to determine contractors for income tax purposes. Verifying the info on this form and maintaining it up-to-date guarantees you collected accurate individual info.
It is important to review and update the Form W-9 every year. However, if a contractor provides you with an updated address or a name alter, those changes may be recorded for use. This form should be retained by the company for a lot of years. The Internal Revenue Service shouldn’t have it. Remember that it is a tool to collect specific info that a business must total 1099 if the contractor earns more than a particular amount during the tax year.
Send Form W9 Tax Form Sample
Merely total the W-9 Form and return it to the person/company requesting it. The completed form will probably be kept in the company’s files so they can reference it during end-of-year accounting. W9 Tax Form Sample how to fill w 9 tax form