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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 \u201cindependent contractor\u201d and will need to fill out a W-9 form.
What is W 9 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. Real estate transactions. Mortgage interest you paid.
How do I obtain a W9?
W-9 Form Instructions Line 1 \u2013 Name. Line 2 \u2013 Business name. Line 3 \u2013 Federal tax classification. Line 4 \u2013 Exemptions. Lines 5 & 6 \u2013 Address, city, state, and ZIP code. Line 7 \u2013 Account number(s) Part I \u2013 Taxpayer Identification Number (TIN) Part II \u2013 Certification.
What is a W 9 and how does it work?
IRS Form W-9 tells an employer the legal name, address, and taxpayer identification number (TIN) or Social Security number (SSN) of an independent contractor, freelancer, self-employed person or sole proprietor. An employer should ask for an independent contractor's W-9 at the outset of the contractor's work for them.
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W-9 – Request for Taxpayer Identification Number and ...
The W-9 is an Internal Revenue Service (IRS) form in which a taxpayer provides their correct taxpayer identification number (TIN) to an individual or entity ...
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