W9 Form From Landlord

W9 Form From Landlord – In the rental industry, the w9 form is typically associated with landlords reporting rental income. The irs uses this information to ensure proper reporting of rental income. Person (including a resident alien), to provide your correct tin. Assuming you live in a building with six or more units, or in any building if your landlord voluntarily chooses to hold deposits in interest bearing.

Without a w9 form, a landlord might refuse to return the tenant's security deposit. See what is backup withholding, later. It's a standard tax form issued by the internal revenue service. See what is backup withholding, later.

Its primary purpose is to collect information about taxpayers. It verifies the landlord's identity and tax status, which is important for accurate tax reporting, especially for sole proprietors or partnerships. Person (including a resident alien), to provide your correct tin.

W9 Instructions for Landlords Including Instructions for Landlords with Multiple Properties/Entities That Have Separate Tax IDs