What is a W-9 tax form? Contrary to the intricacies of W-8 forms,W-9 formsare straightforward; they are used to provide a company’s federal Taxpayer Identification Number (TIN) to an entity that makestaxable paymentsto said company. The difference between W-8 and W-9 forms lies in th...
Since Form W-9 includes sensitive information, like a Social Security number (SSN) or employer identification number (EIN), you should only fill one out if you know who is requesting it and why they need it. You should also question completing a W-9 if you start a new job and your em...
A Form W-9 is a tax document issued to independent contractors and freelancers. Used to produce a 1099, W-9s are only required if...
5. Address: The employer must properly address his company with the city, state and zip code. If there is a difference in the personal address of the small business owner and his company, then he should provide the address used in the income tax return for the w9 form. The employer who...
What Is a 1040 Tax Form? Choosing a tax status can be harder than it looks, especially if you’re new to taxes or if you’ve had a recent life change, such as a divorce. Geoff WilliamsMarch 20, 2025 How to Choose Your Filing Status Beyond standard tax paperwork like W-2s and 1099...
What Is a 1099 Form? A 1099 is a tax document that reports income you receive from sources other than an employer. You’ll get one if an organization or business paid you more than a certain amount during the year (generally $600 or more) for freelance or self-employed work an...
How Form W-8BEN Works Any U.S. firm or company will require your name, address, and tax identification numbers to facilitate payments to you and any tax withholding that might be required by the U.S. government if you're not a resident of the U.S. This information is obtained when yo...
If you hire freelancers, or independent contractors, you should ask them to provide their name, address and Social Security number or tax identification (ID) number on a Form W-9, Request for Taxpayer Identification Number and Certification. This document is for your records and does not get ...
“Give Form W-8BEN-E to the person requesting it before the payment is made to you, credited to your account, or allocated.” Separate Form W-8BEN-E forms must be given to each withholding agent, and a withholding agent may require a separate W-8BEN-E form for each type of income. ...
Form W-9 is an IRS form that is used to confirm a person’s name, address, and taxpayer identification number (TIN) for the purpose of employment or other modes of income generation. In case you have your own business or work as an independent contractor or a freelancer, then you are ...