W9 Form 2021-22 PDF

W9 Form 2021-22 PDF Download

W9 Form 2021-22 PDF Download for free using the direct download link given at the bottom of this article.

W9 Form 2021-22 PDF Details
W9 Form 2021-22
PDF Name W9 Form 2021-22 PDF
No. of Pages 6
PDF Size 0.14 MB
Language English
CategoryGovernment
Download LinkAvailable ✔
Downloads17

W9 Form 2021-22

Here in this post, we are presenting W9 Form 2021-22 PDF. A W-9 is an Internal Revenue Service (IRS) form in which a taxpayer provides his or her correct Taxpayer Identification Number (TIN) to an individual or entity (Form W-9 requester), who needs to file an information return to report the amount. is needed. paid to a payee, or other amounts reportable on return of information.

The TIN can be a Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), Adoption Taxpayer Identification Number (ATIN), or Federal Employer Identification Number (EIN/FEIN/FEIN/FEIN).

W9 Form 2021-22 PDF- Overview

  • Name of the payee or their business name (if the person you are paying is operating as a business entity).
  • The payee’s federal tax classification.
  • The payee’s full current mailing address.
  • The payee’s taxpayer identification number (TIN).
  • Less commonly used fields include the exempt payee code, which is used to notify the requester that the payee is exempt from having taxes withheld. 

How to Read and Fill Out Form W-9

Step 1

Enter your name as shown on your tax return.

Step 2

Enter your business name or “disapproved entity” name if it is different from the name you entered for Step 1. For example, you may be a sole proprietorship, but for marketing purposes, you do not use your personal name as your business name; Instead, you are “doing business” as any other name. You would enter that name here. As for the disregarded unit part, if you don’t know what it is, you probably aren’t one. A common neglected entity type is a single-member limited liability company.7

Sole proprietorships and S corporations are never classified as disregarded entities.

Step 3

What type of business entity are you for federal tax classification: sole proprietorship, partnership, C corporation, S corporation, trust/estate, limited liability company, or “other”?8 Check the appropriate box. If you’re not sure, you’re probably a sole proprietorship, as you’ll need to do a lot of paperwork to become one of the other entities.

Step 4

Discount. Chances are you are about to leave these boxes blank. Here are some exceptions:

Payers who are exempt from backup withholding, such as corporations (in most cases), may be required to enter a code in the “Exempt recipient code” box. Form W-9 Instruction 4 lists exemption recipients and their codes and the types of payments for which these codes should be used. For example, corporations filing a W-9 to receive interest or dividend payments would enter code “5.”
Recipients who are exempt from reporting under the Foreign Account Tax Compliance Act (FATCA)9 may be required to enter a code in the “Exempt from FATCA reporting code” box. None of these boxes will apply to a specific independent contractor or freelancer.

Step 5

Provide your street address, city, state and zip code. What if your home address is different from your business address? What Address Should You Provide on Form W-9? Use the address you will use on your tax return. For example, if you are a sole proprietor who rents office space, but you file your tax return using your home address, enter your home address on Form W-9 so that the IRS can tell you Don’t have trouble matching your 1099 with Form 1040. ,

Step 6

In this optional step, you can provide the name and address of the requestor. You may want to fill out this box to keep a record of who you have provided your Tax Identification Number to.

Step 7

The IRS calls this section Part I10, which makes you wonder what all the steps you just completed were. Here, you must provide your business’s tax identification number, which will be either your personal Social Security number if you are a sole proprietorship, or your Employer Identification Number (EIN) 11 if you are any other type of business. Now, some sole proprietorships also have EINs, but the IRS prefers that sole proprietors use their SSN on Form W-9. Again, doing so will make it easier to reconcile any 1099s you receive with your tax return, which you will file under your SSN.

What if your business is new and doesn’t have an EIN? You can still fill out the W-9 form. The IRS states that you should apply for your number and write “applied for” in the place for the TIN. You’ll want to get to this number as soon as possible, because until you do, you’ll be subject to backup withholding. You can apply for an EIN on the IRS website. For more information about backup withholding, see the instructions below for Step 8, Part II.

Step 8

You must prove the correctness of all of your information before you can sign Form W-9 in Part II,10. Knowingly lying on a tax form could mean you have to pay a fine or go to jail; The IRS doesn’t mess around.

Here you can free download W9 Form 2021-22 PDF by clicking the link given below.


W9 Form 2021-22 PDF Download Link

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