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Why does someone need a W9?

You should provide a W9 to anyone you are expecting to pay you money for a product or service. Its only purpose is to let them know exactly who they are paying money to so the IRS knows who had the expense and who should be reporting the income.

Can I fill out a W9 online?

The W-9 form is available as a downloadable and fillable PDF form from the official website of the Internal Revenue Service (IRS). PandaDoc software can help you to fill out a W9 online quickly and with ease.

What is a W9 form needed for?

Taxpayers use the W-9 tax form to verify their correct taxpayer identification number (TIN) and to certify that they are not subject to backup withholding.

What is a W-9 form and where do I get it?

Individual Taxpayer Identification Number (ITIN) Form W-9 (or an acceptable substitute) is used by persons required to file information returns with the IRS to get the payees (or other persons) correct name and TIN. For individuals, the TIN is generally a social security number (SSN).

Who is exempt from providing a W9?

All payees listed in items 1 through 4 and 6 through 11 are exempt. Also, C corporations are exempt. A person registered under the Investment Advisers Act of 1940 who regularly acts as a broker also is exempt. Barter exchange transactions and patronage dividends.

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What is a W9 form in Ohio?

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. Acquisition or abandonment of secured property.

Where can I get a printable W9 form?

▶ Go to .irs.gov/FormW9 for instructions and the latest information. Give Form to the requester. Do not send to the IRS. Print or type.

Who is required to fill out a W9?

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.

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