Form W9 Purpose

A tin number is typically an individual s social security number or a company s employer identification number.

Form w9 purpose. Are you looking for a comprehensive guide for the irs form w9. However that is not the sole intent. Form w 9 request for taxpayer identification number and certification is a commonly used irs form. An individual or entity form w 9 requester who is required to file an information return with the irs must obtain your correct taxpayer identification number tin which may be your social security number ssn individual taxpayer identification number itin adoption.

The purpose of form w9 form w 9 also referred to as request for taxpayer identification number and certification has two important uses. The w 9 form is a sheet generated by the internal revenue service to obtain a legal and accurate tax identification number from an individual or corporation required to file an information return to the irs. The purpose of the w 9 form can be summarized in two words tax filing. What is the purpose of a w 9 form.

The purpose of form 1099. Form w 9 is an irs created form used by an individual or an entity like a company to request the taxpayer identification number tin and other information from parties they have paid. The w 9 form provides key data clients need if you re an independent contractor. The purpose of form w 9 is to provide the tin number needed to complete an information.

The instructions for form w 9 below include information about the latest schedules submission guidelines purpose and important points to consider. It is a commonly used irs form. Information about form w 9 request for taxpayer identification number tin and certification including recent updates related forms and instructions on how to file. A w 9 form is an internal revenue service irs tax form that is used to confirm a person s name address and taxpayer identification number tin for employment or other income generating purposes.

The main purpose is a request for certification and the taxpayer identification number tin. You are at the right web page then. Form w 9 is used to provide a correct tin to payers or brokers required to file information returns with irs. Just be sure you re not really an employee who should fill out a w 4.

If you have your own business or work as an independent contractor a client may request that you fill out and send a w 9 so they can accurately prepare your 1099 misc form and report the payments they make to you at the end of the year.