Blank W 9 Form Pdf 2022

Blank W 9 Form Pdf 2022A W-9 is an Internal Revenue Service (IRS) tax form which is used to confirm an individual’s name, address, and taxpayer identification number (TIN) for work or other income-generating reasons. It is possible to request confirmation from an individual identified as a U.S. citizen or a person who is a resident or an alien. The W-9 form is known as a Request for Taxpayer Identification Number and the Certification form.

Blank W 9 Printable Form Template Calendar Template

What’s the purpose of Form W-9? for?

Most of the time, the W-9 data is used to make Form 1099. A 1099 form includes information regarding any earnings that might be received by the TIN holder that would not normally be listed on the W-2 form. This includes earnings received as part of a contract, real estate transactions, dividends against investments, as well as other financial transactions.

Are you an employee or an independent contractor?

If you’re an employee your employer will withhold tax on income as well as withhold and pay Social Security and Medicare taxes as well as pay unemployment taxes on your earnings. However, this won’t be the case if your are an independent contractor. You’ll be responsible for the employer’s share of Social Security and Medicare taxes but you won’t be eligible for unemployment compensation in the event of being laid off.

Do I have to fill out Form W-9?

Yes. Yes. The IRS has a strict requirement for companies to obtain the W-9 form completed from anyone who pays at least $600 in the year. If they fail to do so, it could be a cause for penalties.

If you believe the person who is requesting the form is not legitimately soliciting it, even it is possible to refuse, then refusing is an ideal choice. Talk to a tax expert if there are any questions.

The Bottom Line

W-9 forms are for independent contractors, also known as freelancers. It’s important to fill out the form correctly, but only when you’re sure it’s the right form to fill out and that the request is legit. Blank W 9 Form Pdf 2022