What Is a W-9 Form? and How to fill it up and where to send it for 2022?

The title of Form W-9 is formally Request for Taxpayer Identification Number and Certification. Companies utilize this form to acquire the Taxpayer Identification Number (TIN) from licensed contractors, suppliers, and freelancers. The firm likewise offers other personally recognizing details like your name and address.

The form functions as an arrangement in which you, as a licensed contractor or freelancer, are accountable for keeping taxes from your earnings. Your company keeps some of your earnings to cover federal earnings taxes and FICA taxes (which consist of Medicare and Social Security taxes) when you’re a full-time worker. Companies do not make in which withholding for licensed contractors.

w9 forms 2022 printable

W9 forms 2022 printable

At the end of the tax year, the business you did work for will utilize the details on your W-9 to finish a 1099-MISC. This form describes all the payments made to you. A bank might likewise need you to report interest, dividends, and capital gains made by their clients.

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PDF W-9 form printable

Most of the time, a business or bank will send you a blank W-9 form to finish prior to you starting service with them. You can download a W-9 from the IRS site if you require to provide the form.

Who Has to Fill Out a W-9 Form?

W-9 forms are for self-employed employees like freelancers, independent service providers, and specialists. If your company sends you a W-9 rather than a W-4, the business has categorized you as an independent licensed contractor.

If you did numerous tasks for numerous businesses, you might fill out several W-9 Forms in the very same year. You will likewise have to send brand-new W-9 forms any time you alter your name, organization tax, address, or name ID number.

Download W9 Form Printable 2022

Print W9 Form [PDF] Print W9 Form [.doc] Print W9 Form Instructions

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