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A W-9, on the other hand, collects information that helps a third-party payer report payments to the IRS. The payer uses the information from your W-9 to file a 1099 form with the IRS.
Form W-9 is most commonly used in a business–contractor arrangement. [4] Businesses can use Form W-9 to request information from contractors they hire. When a business pays a contractor over $600 during a tax year, the business is required to file Form 1099-MISC, a variant of Form 1099. To fill out Form 1099-MISC, the business may need to ...
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This is a retouched picture, which means that it has been digitally altered from its original version.Modifications: Crop, removed lines.The original can be viewed here: Forklift Truck-blank.svg: File:Forklift Truck-blank.svg.