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This form is used to provide a taxpayer identification number (TIN) to a requester, primarily for reporting purposes to the IRS, including income, real estate transactions, and other taxable events.
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How to fill out w-9

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How to fill out W-9

01
Download a W-9 form from the IRS website or obtain a hard copy from a reliable source.
02
Fill out your name as it appears on your tax return in the 'Name' field.
03
If applicable, provide your business name in the 'Business name/disregarded entity name' field.
04
Select the appropriate tax classification that applies to you (individual, corporation, partnership, etc.) by checking the corresponding box.
05
Enter your address, including street, city, state, and zip code, in the address fields.
06
Provide your taxpayer identification number (TIN), which can be your Social Security Number (SSN) or Employer Identification Number (EIN).
07
If applicable, add any account number(s) related to the request for the W-9.
08
Sign and date the form to certify that the information is correct and that you are not subject to backup withholding.

Who needs W-9?

01
Individuals or businesses who are required to provide their taxpayer identification information to companies or financial institutions.
02
Freelancers and independent contractors who are receiving payment from a business.
03
Organizations that are involved in financial transactions requiring tax reporting, such as banks or payment processors.
04
Any entity that needs to report income paid to the IRS, such as partnership and corporation income.
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People Also Ask about

Most broadly, Form W-9 must be filled out by independent contractors that perform work for another party with which they are not employed. This includes freelance workers or gig employees under non-employment structures.
Employers who work with independent contractors must provide them with a W-9 form to fill out before starting work. There are specific criteria for who is classified as an “independent contractor” and will need to fill out a W-9 form.
An IRS Form W-9 is not needed if the vendor or freelancer is paid less than $600 in one year, if payments exceeding that amount were not business-related, if the sale is strictly goods, or if paid solely by credit card as the credit card company issues the 1099.
You will need to fill out a W-9 form if you: Classify yourself as an independent contractor or “freelancer.”
All payees listed in items 1 through 4 and 6 through 11 are exempt. Also, C corporations are exempt. A person registered under the Investment Advisers Act of 1940 who regularly acts as a broker also is exempt. Barter exchange transactions and patronage dividends.
U.S. citizens and “U.S. person” payees who are self-employed independent contractors, freelancers, attorneys, businesses, vendors, suppliers, nonprofit organizations, partnerships, U.S. trusts, heirs of domestic estates, and holders of accounts in U.S. and foreign financial institutions (FFI) complete W9 tax forms
Foreign individuals and entities that don't reside in the U.S. don't need to file a W-9 form. The IRS, however, requires you receive a W-8 form from each foreign individual or company you conduct business with. Foreign aliens who are US residents will need to file a W-9.
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.

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The W-9 is a form used in the United States by the Internal Revenue Service (IRS) to collect taxpayer identification information. It is primarily used by individuals and businesses to provide their correct Taxpayer Identification Number (TIN) to others who are required to file an information return with the IRS.
Individuals and businesses that are required to report certain types of income, such as freelancers, independent contractors, and vendors, must file W-9 forms. Additionally, the requestors of the W-9, typically businesses that will be paying individuals or entities, are required to collect this information from those they pay.
To fill out a W-9, you need to provide your name or business name, business entity checkboxes, address, TIN, and sign and date the form. Ensure that your TIN matches the IRS records, which could be your Social Security Number (SSN) or Employer Identification Number (EIN).
The primary purpose of the W-9 form is to provide a means for individuals and businesses to furnish their TIN to others to report income paid to them to the IRS. It is used to avoid backup withholding and to ensure accurate reporting of income.
The W-9 must report your name or business name, the type of entity, address, TIN (either SSN or EIN), and certification regarding your taxpayer status.
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