How To Get A W9 Form

How To Get A W9 Form – The form requires an individual to provide their name, address, tax qualification, and withholding requirements. It's typically used to file an information return, such as a w2 form or 1099 misc. Learn how to get a tin, fill out the form, and sign it under penalties of perjury. If an employer wants to write off your wages, it has to file a 1099 listing total payments and the payment.

Once you have the form, enter your basic personal information, like your name and address. A w9 form is a request for taxpayer information and certification. This form serves as a guideline and gives the employer the information needed to fill out a form 1099 at the end of the year. The form is an agreement that you will handle your own income taxes.

Managing a company that balances independent contracts or employs outside contractors during tax season may be especially challenging. These forms can help the employer identify when they submit paperwork to the irs. Still, it's important to fill it out correctly to avoid backup withholding and other penalties, including a $50 penalty from the irs for failure to provide a correct tin.

The W9 Requirement Libsyn