Get the free Substitute Form W-9 - nyc

This document provides instructions for completing the Substitute Form W-9, which is used by the City of New York to obtain taxpayer identification information from vendors or other payees in compliance

How to fill out substitute form w-9

How to fill out Substitute Form W-9

1. Download the Substitute Form W-9 from the IRS website or obtain it from the requester.
2. Provide your name as it appears on your tax return.
3. Enter your business name if different from your personal name.
4. Fill in your address, including street, city, state, and ZIP code.
5. Enter your Taxpayer Identification Number (TIN), which can be your Social Security Number (SSN) or Employer Identification Number (EIN).
6. Sign and date the form to certify that the information provided is accurate.
7. Submit the completed form to the requester, not to the IRS.

Who needs Substitute Form W-9?

1. Individuals or entities that need to provide their TIN to another party for tax reporting purposes.
2. Freelancers, contractors, and vendors who are not incorporated.
3. Those who have been requested to complete a W-9 by a company or individual for income reporting.

People Also Ask about

What is a 1099-NEC form used for?

Let's start by answering “What is 1099-NEC?” The 1099-NEC is the Internal Revenue Service (IRS) form to report nonemployee compensation—that is, pay from 1099 independent contractor jobs (also sometimes referred to as self-employment income).

What is a Florida substitute Form W-9?

The purpose of a Substitute Form W-9 is to provide a Federal Taxpayer Identification Number (TIN), official entity name, a business designation (sole proprietorship, corporation, partnership, etc.), and other taxpayer information to the State.

What is a substitute form for W9?

Use a substitute Form W-9 that requires the payee, by signing, to agree to provisions unrelated to the required certifications, or. Imply that a payee may be subject to backup withholding unless the payee agrees to provisions on the substitute form that are unrelated to the required certifications.

What are the two types of 1099s?

Some common examples when you might receive a 1099 include: You should receive a Form 1099-NEC if you earned $600 or more in nonemployee compensation from a person or business who isn't typically your employer. You should receive Form 1099-MISC if you earned $600 or more in rent or royalty payments.

Is there a fillable W9 form?

TaxBandits Now Offers a Fillable Form W-9 Solution!

What is a substitute payment on 1099?

Line 8: Substitute Payments in Lieu of Dividends or Interest – Shows the total amount of payments in lieu of dividend or interest when your securities are out on loan. Income received during the period when you are not holder of record is considered a substitute payment, rather than dividend or interest income.

What is a substitute Form 1099?

Use form FTB 3525, Substitute for Form W-2, Wage and Tax Statement, or Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., as a substitute for federal Forms W-2, W-2c, and 1099-R when your employer or payer does not give you a Form W-2 or Form 1099-R

For pdfFiller’s FAQs

What is Substitute Form W-9?

Substitute Form W-9 is a form used by individuals or entities to provide their correct taxpayer identification information to payers, typically when they are required to report payments made to them to the IRS.

Who is required to file Substitute Form W-9?

Any individual or entity that receives reportable payments, such as freelancers, contractors, and certain vendors, is required to file Substitute Form W-9 to provide their tax identification details.

How to fill out Substitute Form W-9?

To fill out Substitute Form W-9, you need to provide your name, business name (if applicable), address, taxpayer identification number (TIN), and certification of your TIN. Ensure all information is accurate and complete.

What is the purpose of Substitute Form W-9?

The purpose of Substitute Form W-9 is to collect accurate taxpayer information to ensure compliance with tax reporting requirements and to help the payer correctly report payments made to the IRS.

What information must be reported on Substitute Form W-9?

Substitute Form W-9 must report the individual's or entity's name, business name (if any), address, and taxpayer identification number (TIN), as well as any necessary certification of that information.