Can A Customer Ask For A Sole Proprietor's W9 Form

Can A Customer Ask For A Sole Proprietor's W9 Form – Your business's name, if any. Federal tax classification (sole proprietorship, llc, partnership, etc.). The form establishes your identity, including your taxpayer identification number, usually a social security number for a sole proprietor. Give form to the requester.

But with this newfound freedom, there is more paperwork. The top of the form w9 includes: Do not send to the irs. As a new business owner, your customers may ask you to fill out a w9 form.

Can A Customer Ask For A Sole Proprietor's W9 Form

A sole proprietor is an individual who owns an unincorporated business that is not run as an llc under a corporation. (for a sole proprietor or disregarded entity, enter the owner's name on line 1, and enter the business/disregarded entity's name on line 2.) The sole proprietor will designate that it is a sole proprietor and accordingly, any income paid from that business relationship will be reported to the irs provided it exceeds certain thresholds.

Got Independent Contractors? Get to Know Form W9