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What is the purpose of Form W-9?

Updated: 9/16/2023
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14y ago

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Form W-9 is Request for Taxpayer Identification Number and Certification. Your taxpayer identification number (TIN) is your social security number. If you're a resident alien and you're not eligible for a social security number, then use the individual taxpayer identification number (ITIN) assigned to you by the IRS. If you're a sole proprietor and you have an Employer Identification Number (EIN), then you can use either your social security number or your EIN.

The purpose of Form W-9 is to provide your correct TIN to the requester (the person requesting it). The requester is required to file an information return with the IRS to report, for example, mortgage interest you paid, cancellation of debt, contributions to your IRA, real estate transactions, income paid to you, etc. In order to report this information to the IRS, the requester needs your correct TIN.

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Related questions

What is the purpose of the IRS w9 form?

The W9 form is used by employers for payroll purposes. It is used to provide their taxpayer identification number to employers that will pay them income during the tax year.


What is the purpose of the IRS form W9?

The W9 form is used by employers for payroll purposes. It is used to provide their taxpayer identification number to employers that will pay them income during the tax year.


Where online can I find a w9 form?

Go to the IRS' website and search for the w9 form in PDF format.


Do corporations complete a w9 form?

Do corporations complete or file a w9 form.


Is S-Corp Exempt from backup withholdling On W9 form?

An S-Corp is exempt from backup withholding on a W9 form. The backup withholding box on the W9 form is required for individual taxpayers and not businesses or corporations.


What is w8 w9 forms?

A W8 form is an IRS form that is for foreign companies to withhold taxes. A W9 form is a form a company gives an individual so a 1099 can be sent at the end of the year. W9 forms are generally given to subcontractors.


What is an IRS w9 form?

foreign banks


What is the Canadian equivalent of a W9 form?

t4


Who gets the w9 form?

You will find the answer to this questions on the actual w9 form. You can access this form from the IRS website at the following URL. http://www.irs.gov/pub/irs-pdf/fw9.pdf


Where can I download the w9 tax form?

Try the irs.com and search for the w9 tax form. This form is a public record and should easily be able to find on the Internal Revenue System's website.


Can the W9 form be downloaded for free?

You can download the form directly for the official IRS website. If you visit the IRS website, simply do a search for the form w9. If you still cannot find the form, call the IRS directly.


What is form w8?

A W8 form is an IRS form that is for foreign companies to withhold taxes. A W9 form is a form a company gives an individual so a 1099 can be sent at the end of the year. W9 forms are generally given to subcontractors.