Get the free Form W-9

This document provides instructions for the requester of Form W-9, detailing how to obtain taxpayer identification numbers and the certifications needed for U.S. persons, including specific guidelines

How to fill out form w-9

How to fill out Form W-9

1. Obtain Form W-9 from the IRS website or request it from the person or business that needs it.
2. Fill in your name as it appears on your income tax return in the first line.
3. If you are a business, fill in your business name on the second line.
4. Select the appropriate tax classification by checking the corresponding box (e.g., individual, corporation, partnership).
5. Enter your address, including city, state, and ZIP code.
6. Provide your Social Security Number (SSN) or Employer Identification Number (EIN) in the specified section.
7. If applicable, fill in your exemption codes if you are exempt from backup withholding.
8. Sign and date the form to certify that the information provided is accurate.

Who needs Form W-9?

1. Individuals or businesses that receive income from a freelance job.
2. Corporations that need to report payments made to independent contractors.
3. Entities that must provide their taxpayer identification information for tax reporting purposes.
4. Individuals who are required to provide a taxpayer identification number for backup withholding.

People Also Ask about

Why would someone request a W9?

Why would a customer ask for a W9? A W9 is generally requested by someone whose business needs to make a payment and needs to know exactly what legal entity they are making a payment to. Without a W9, they may need to withhold 24% of the amount they're paying you and give it to the IRS.

Do I have to report a W9 for income?

While tax form W-9 is used most commonly by independent contractors, gig workers, and freelancers who are paid $600 or more by a business, it can also be used to report other types of income to the IRS. Examples of the types of income include: Acquisition or abandonment of secured property. Cancellation of debt.

What do you do when someone asks for a W9?

If you do business with a company that pays you as an independent contractor, freelancer or gig worker (in other words, self-employed), or will be paid income such as interest or dividends, a company may request that you fill out and send a W-9 so they can accurately prepare a 1099 form, report the payments they make

Who fills out a W9 form?

You will need to fill out a W-9 form if you: Classify yourself as an independent contractor or “freelancer.” Are not a full-time employee of the business. Will be paid more than $600 for work provided to the business.

What is the W9 form used for?

Use Form W-9 to provide your correct Taxpayer Identification Number (TIN) to the person who is required to file an information return with the IRS to report, for example: Income paid to you.

Why is someone requesting a W9 from me?

Key Takeaways A W-9 form is used for taxpayer identification and certification when freelancers and independent contractors work for a business. The business owner needs this form to properly report certain payments to the IRS.

Is it safe to give out W9?

If you get one from someone you don't know If you're a contractor and you receive a Form W-9 from an individual or business who is not a client, don't fill it out. Sending your Social Security number (SSN) and other personal information to a stranger could be dangerous.

Why would someone need your W9?

A bank might request a W9 form for several reasons. Typically, they need it to collect information about you for tax purposes. The information on the form helps them accurately report any interest, dividends, or other income you earn on your accounts to the Internal Revenue Service (IRS).

For pdfFiller’s FAQs

What is Form W-9?

Form W-9 is an Internal Revenue Service (IRS) form used in the United States to provide a taxpayer's correct Name and Taxpayer Identification Number (TIN) to another party.

Who is required to file Form W-9?

Any individual or business that is required to provide their taxpayer identification information to another party, typically for tax reporting purposes, is required to file Form W-9.

How to fill out Form W-9?

To fill out Form W-9, you need to provide your name, business name (if applicable), address, taxpayer identification number (SSN or EIN), and certify the information is correct by signing the form.

What is the purpose of Form W-9?

The purpose of Form W-9 is to provide correct taxpayer information to another party, which can be used for IRS reporting purposes, such as issuing Form 1099 for independent contractors.

What information must be reported on Form W-9?

The information that must be reported on Form W-9 includes the individual's or entity's name, business name (if applicable), address, taxpayer identification number (TIN), and the signature certifying the information provided is accurate.