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No. A W-9 form is not required yearly as it has no expiration date. It remains valid as long as the information on it is accurate. You may only request a new one if the vendor changes or updates any information.
The draft Form W-9 has a revision date of October 2023. Once finalized, withholding agents are generally required to accept the current version Form W-9.
Do Completed W-9 Forms Expire? After they are completed, your vendors, freelancers and contractors W-9 forms do not expire.
It is very important that the US expat understands that even if they reside overseas until they have formally expatriated from the United States, they are still considered a US person for tax purposes even if they reside the entire year outside of the United States. Therefore, the taxpayer would submit a form W9.
0:23 1:34 You can either get your copy from the irs. Website or go to .com. And get the newest sampleMoreYou can either get your copy from the irs. Website or go to .com. And get the newest sample of form w9 that you can fill out sign and submit.
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Summary of proposed W-9 Form Changes Changes from revision of 2018 to the Draft of 2023 include: The notable change in the October 2023 revision of Form W-9 is the addition of a new line 3b.
This form can be used to request the correct name and Taxpayer Identification Number, or TIN, of the payee. The W-9 should be kept in your files for four years for future reference in case of any questions from the worker or the IRS.
Does a W-9 need to be updated annually? Generally, a W-9 should only be updated if there are changes to an employees personal or business information. This includes changes federal tax classification, address, and tax identification number (TIN).

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