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Form W-9 is used by individuals and entities to provide their taxpayer identification number (TIN) to another party who is required to file an information return with the IRS. This form is essential for various tax purposes, including the classification of entities and backup withholding requirements.
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What is w-9?
The W-9 form is a document used in the United States by businesses to request the taxpayer identification number (TIN) and certification from a payee.
Who is required to file w-9?
Individuals and entities who are required to report income paid to independent contractors or freelancers must file a W-9.
How to fill out w-9?
To fill out a W-9, provide your name, business name (if applicable), address, taxpayer identification number (TIN), and certify that the information is correct.
What is the purpose of w-9?
The purpose of the W-9 is to provide a payee's TIN to the requester so they can accurately report payments to the IRS.
What information must be reported on w-9?
A W-9 must report the name, business name (if applicable), address, TIN (such as Social Security Number or Employer Identification Number), and the signature of the payee.
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