Get the free Form W-9 (Rev. May 2013) - Internal Revenue Service - irs

May 17, 2013 ... This is an early release draft of an IRS tax form, instructions, or .... affecting Form W-9 (such as legislation enacted after we release it) will be ...

How to fill out form w-9 rev may

How to fill out form w-9 rev may:

1. Start by providing your name. Write your full legal name on the first line of the form. If you have a business name or a different name for tax purposes, you can include that as well.
2. Enter your business entity type, if applicable. If you are filling out the form as an individual, you can skip this section. However, if you are representing a business, indicate the type of entity such as sole proprietorship, partnership, corporation, etc.
3. Provide your tax classification. This refers to your federal tax classification as an individual or a business entity. There are various options to choose from, including sole proprietor, C corporation, S corporation, partnership, trust/estate, and limited liability company (LLC).
4. Indicate your exemption status, if applicable. If you are exempt from backup withholding, you must provide a valid reason and exemption code. In most cases, individuals are not exempt and should leave this section blank.
5. Fill in your mailing address. This should be the address where you receive your mail and where the IRS will correspond with you. Include the street address, city, state, and ZIP code.
6. Enter your taxpayer identification number (TIN). For individuals, this is usually your social security number (SSN). If you are representing a business, provide your employer identification number (EIN). Make sure to double-check the accuracy of this information.
7. Sign and date the form. Once you have completed all the required fields, sign and date the form. By signing, you certify that the information provided is true and correct to the best of your knowledge.

Who needs form w-9 rev may:

1. Independent contractors: If you are a freelancer or independent contractor who receives payments of $600 or more in a tax year, the entity that paid you is required to obtain your completed Form W-9. This helps them report the payments made to you to the IRS.
2. Businesses hiring freelancers: If you are a business that hires freelancers or independent contractors, you need to request a completed Form W-9 from each person or business you engage with. This ensures you have their accurate tax information for reporting purposes.
3. Financial institutions: Banks and other financial institutions may require individuals or businesses to fill out a Form W-9 when opening an account or conducting certain financial transactions. It helps them verify the taxpayer identification number and other relevant details.

In summary, anyone who receives payments as an independent contractor, hires freelancers, or deals with financial institutions may need to fill out and provide a Form W-9. It is a crucial document for reporting income and keeping track of tax obligations.

For pdfFiller’s FAQs

How can I modify form w-9 rev may without leaving Google Drive?

Using pdfFiller with Google Docs allows you to create, amend, and sign documents straight from your Google Drive. The add-on turns your form w-9 rev may into a dynamic fillable form that you can manage and eSign from anywhere.

How do I complete form w-9 rev may online?

With pdfFiller, you may easily complete and sign form w-9 rev may online. It lets you modify original PDF material, highlight, blackout, erase, and write text anywhere on a page, legally eSign your document, and do a lot more. Create a free account to handle professional papers online.

Can I sign the form w-9 rev may electronically in Chrome?

Yes. With pdfFiller for Chrome, you can eSign documents and utilize the PDF editor all in one spot. Create a legally enforceable eSignature by sketching, typing, or uploading a handwritten signature image. You may eSign your form w-9 rev may in seconds.

What is form w-9 rev may?

Form W-9 Rev. May is a tax form used by businesses to collect information from vendors they hire as independent contractors.

Who is required to file form w-9 rev may?

Individuals or businesses that are hired as independent contractors by another entity are required to file Form W-9 Rev. May.

How to fill out form w-9 rev may?

To fill out Form W-9 Rev. May, one must provide their name, address, Social Security number or Employer Identification Number, and certify that the information provided is correct.

What is the purpose of form w-9 rev may?

The purpose of Form W-9 Rev. May is for the payer to obtain the necessary information to report payments made to independent contractors to the IRS.

What information must be reported on form w-9 rev may?

Form W-9 Rev. May requires information such as the recipient's name, address, and taxpayer identification number (Social Security number or Employer Identification Number).