Who Should Sign The W9 Form

Who Should Sign The W9 Form – This form is necessary for accurate reporting of payments a business made to the vendor, contractor, or business. The form requires an individual to provide their name, address, tax qualification, and withholding requirements. There is no requirement that a company create a written authorization to sign a w9. It is not used to collect taxes.

If they fail to get one signed, they may have to withhold taxes at 24%. They then receive a 1099 form that includes earning information, which can then use when filing their tax returns. So if you refuse to. The signer should have the organization's consent to sign a w9 on its behalf, but consent can be oral or implied.

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. Before your client can prepare your form 1099 you must give them a valid taxpayer identification number.

How to Fill Out a W9 Form Online Dropbox Sign Dropbox