2022 W9 Forms – If you work as a freelancer or independent contractor, you need to use IRS Form W-9 to report your income tax. Suppose you ever find yourself filling out a Form W-9. In that case, it indicates that an organization or person paying you money needs your Social Security number to inform the IRS of the quantity. The W-9 is used in various payment circumstances. Still, most frequently, taxpayers fill them out when they work as freelancers or independent professionals instead of staff members.
The form is completed by an independent contractor who supplies services to businesses that have not hired full-time employees. You will not need to fill out the form for that business if you are paid $600 or less in a single year by a company.
2022 W9 Forms
Returning a W-9 Form
Please return your completed form W-9 to the business that asked you to fill it out. Preferably, you’ll provide it in-person to limit your exposure to identity theft. However, this technique typically isn’t practical. Mail is considered safe and secure. If you need to email the form, you need to secure both the document and your email message and triple-check that you have the recipient’s proper email address before sending your message.
Form W-9 needs to be evaluated and updated regularly. If a specialist offers you an upgraded address or a name change, those modifications may be tape-recorded for usage. The business needs to maintain the information on this form for several years. It ought not to be sent out to the Internal Revenue Service.
Where to Find a 2022 Form W-9
The company you’re contracting with will send you a blank Form W-9 and ask you to complete it.
In The Case That You Don’t Receive a W-9, what to Do?
In the case that you are an independent professional and you didn’t get a W-9 from a company you’ve done more than $600 of work for or if you or your company is in the position of needing to provide Forms W-9 to independent specialists.2022 W9 Forms
How Often Should I Update my Form W-9?
You should send a new Form W-9 whenever any info you provided on the previous one has been updated. Fill out a brand-new form in the case that your name, company name, address, Social Security number, or company identification number has changed for 2022 W9 Forms