If you want to get paid, you may need to submit a W9 form. Photo: David Goehring, Flickr If you're a freelancer, consultant, or contractor, or are self-employed in some other capacity, there's a good ...
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
The purpose of a W9 form is to provide an entity that issues taxable payments to a company with the company's federal tax identification number. The IRS uses a W9 to match revenue that recipients ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This “backup withholding” at 24% is the usual consequence of ...
The IRS recently released a revised version of Form W-9, Request for Taxpayer Identification Number and Certification, bearing a March 2024 revision date. The revised Form W-9 modifies line 3a and ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 4 years old. Before paying you, many ...
If you're a freelancer, consultant, or contractor, or are self-employed in some other capacity, there's a good chance you'll run across the IRS W9 form. It's not as well known as other tax forms, such ...