California W 9 Form Printable – W9 forms are used by people who are doing business in the United States. This form collects information from a person, such as social security number, taxpayer identification number, or employer identification number, in order to pay taxes. The information contained on the form must be accurate and complete, and it is essential to submit it correctly.
The IRS W-9 form is a tax form that freelancers will be required to complete if they are not a worker of the company they are working for. This form is utilized to report the income and taxes withheld from them. The W-9 form can be completed online or in paper copy.
Who need W9 Form ?
Form W-9 is an IRS form that’s used by individuals and entities filing information returns with the IRS. It identifies a payee and collects the correct taxpayer identification number (TIN) so the payer can accurately report the amount of taxes they owe. The TIN may be a social security number, individual taxpaying identification number, or an employer identification number.
When to ask for a W-9 Form?
For conducting business with independent contractors and freelancers, Form W-9 is necessary. If your company pays small businesses or independent contractors more than $600 per for work that has been completed, you must obtain a W-9.
The W9 form can be filled out by hand or electronically using an application, such as Adobe Acrobat. These programs make filling out the form easy, as they provide an electronic signature and the opportunity to edit it before submitting it. Once completed, a user can send the completed form to the IRS.
Besides self-employed individuals, those who are working as independent contractors must fill out the form to report their earnings. It is a legal requirement to file Form W-9 with the IRS. In fact, if you earn more than $600 as an independent contractor, you must file a W-9 form to the IRS.