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Book Jacket Rubric DUE Date: August 23 & 24, 2012A (109) B (8) C (7) D (6) F (50) Point(s) Earned FRONT COVER: Artwork, Title, Author Name The cover is creative, colorful, and vividly depicts the
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How to fill out a 10-9

01
To fill out a 10-9 form, follow these steps:
02
Start by entering the name and address of the payee in the designated fields.
03
Next, provide the payee's taxpayer identification number (TIN) or social security number (SSN).
04
Indicate the type of payment being made, such as nonemployee compensation or rental income.
05
Enter the total amount being paid to the payee in the appropriate box.
06
If applicable, provide any federal income tax withheld from the payment.
07
Finally, sign and date the form, certifying that the information provided is accurate.
08
Remember to keep a copy of the completed 10-9 form for your records.

Who needs a 10-9?

01
A 10-9 form is typically needed by individuals or businesses that have made payments of $600 or more to a nonemployee during the tax year.
02
Common examples of when a 10-9 may be required include payments to independent contractors, freelancers, or self-employed individuals.
03
It is important to consult the IRS guidelines or seek professional advice to determine if you need to file a 10-9 form.

What is A (10-9) Form?

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A Form 10-9 is a report used to document income paid to a contractor or freelancer.
Anyone who has paid $600 or more to a contractor or freelancer in a calendar year is required to file a 10-9.
You can fill out a 10-9 by providing the contractor's details, payment information, and total amount paid during the year.
The purpose of a 10-9 is to report income paid to contractors or freelancers for tax purposes.
The 10-9 must include the contractor's name, address, taxpayer identification number, and total amount paid.
The penalty for late filing of a 10-9 can range from $50 to $270 per form, depending on how late the form is filed.
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