Get the free Form W-9

This form is used to provide taxpayer identification information to the requester for reporting purposes to the IRS.

How to fill out form w-9

How to fill out Form W-9

1. Obtain a blank Form W-9 from the IRS website or request a copy from the requester.
2. Fill in your name as it appears on your income tax return in the first box.
3. If applicable, enter your business name in the second box.
4. Select the appropriate federal tax classification (individual/sole proprietor, corporation, partnership, etc.) by checking the corresponding box.
5. Enter your address, including street, city, state, and ZIP code in the next section.
6. Provide your taxpayer identification number (TIN), which can be your Social Security Number (SSN) or Employer Identification Number (EIN).
7. For individuals, input your SSN in the specified field. If you’re a business, enter your EIN.
8. Sign and date the form in the designated fields to certify that the information you provided is correct.
9. Submit the completed Form W-9 to the requester, not to the IRS.

Who needs Form W-9?

1. Individuals and businesses that are requested to provide their taxpayer information for reporting income, including freelancers, contractors, and vendors.
2. Financial institutions which require W-9 forms for interest or dividend reporting.
3. Anyone who is engaged in a business that requires compliance with IRS regulations regarding tax 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 a request for taxpayer identification number and certification used in the United States by individuals and businesses to provide their correct taxpayer identification number (TIN) to payers for tax reporting purposes.

Who is required to file Form W-9?

Individuals or entities that are required to provide their taxpayer identification number (TIN) to another party, such as clients or businesses paying them, must file Form W-9.

How to fill out Form W-9?

To fill out Form W-9, individuals must provide their name, business name (if applicable), address, TIN (Social Security Number for individuals or Employer Identification Number for businesses), and sign the form certifying the information is correct.

What is the purpose of Form W-9?

The purpose of Form W-9 is to request the correct TIN of the payee, ensuring that the payer can accurately report income paid to that individual or business to the IRS.

What information must be reported on Form W-9?

Form W-9 requires the following information: name, business name (if applicable), address, taxpayer identification number (TIN), and signature certifying the provided information is correct.