Everything you need to know about form W-9

This type of document is provided by US citizens who are freelancing or are independent contractors at the request of the organization with which they interact. To be precise, the information filled in this sheet is necessary to clarify some of the data in form 1099, according to which, as a result, taxation is carried out.

So, if you are asked, you send the completed form in electronic or printed form to the applicant. In principle, this form is sent once and forever, if the information in it does not change over time.

What needs to be included on the form

The blank contains the basic information required for the IRS , in particular, the name and surname, insurance number, individual taxpayer number, address with city, state, postal code, name of organization and type of activity, as well as some other points. For example, you must separately indicate whether the filler is a sole proprietor, a main corporation or a company.

Where can I download and complete the document

There are several online resources that provide the opportunity to download Form W-9 for free. The easiest way to download this form is from the official IRS website, where the latest version of this document is always located. After filling out the sheet, the information in it must be saved, printed and sent to the person or organization that requests this form from you.

In principle, this is all the information regarding the rules for completing and submitting the W-9 tax form, as well as who should complete it and send it to whom. The sooner you fill out this form and print it out, the sooner you can send it to the addressee.

What is a W-9 tax form for tax payers

This form is a very important document, the information in which affects the amount of taxation, as well as filling out other important documents. US citizens must complete this form for their employers if they pay them more than $600 per year.

If you are an employer, then you will need to ask your employees for this form with details in cases where payments are made in excess of $600 per year. Of particular note is the fact that this document is not sent to the IRS , unless otherwise noted.