Introduction to W-9 Form
- The W-9 form is used by the IRS to collect taxpayer information.
- Required for independent contractors, freelancers, and certain income recipients.
- Helps the IRS track income for tax purposes.
Key purpose
To provide your Taxpayer Identification Number (TIN) (Social Security Number or Employer Identification Number) to a person or company paying you.
Who needs to fill out a W-9?
- Freelancers and independent contractors.
- Business owners receiving payments.
- U.S. citizens or resident aliens.
Main parts of the form
Part I: Personal information
- Name
- Business Name (if applicable, e.g., sole proprietor).
- Address (mailing address).
- Taxpayer Identification Number (TIN): SSN or EIN.
Part II: Certification
- Sign and date the form to confirm the information is accurate.
- Indicate if you are subject to backup withholding (and explain if applicable).
Important notes
- No specific deadline to submit a W-9; it’s provided when requested.
- Ensure all information is accurate to avoid delays or penalties.
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