
PART I GENERAL INFORMATION Requestor's Name and Address 4600 TEXAS GROUP 2777 ALLEN PARKWAY STE 460 HOUSTON TX 77019 Respon
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People also ask
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Who is the requester on W9?
A requester is anyone required to file an information return. A payee is anyone required to provide a taxpayer identification number (TIN) to the requester.
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Who is required to fill out a W9 IRS?
You will need to fill out a W-9 form if you: Classify yourself as an independent contractor or “freelancer.” Are not a full-time employee of the business. Will be paid more than $600 for work provided to the business.
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What triggers a W9?
While tax form W-9 is used most commonly by independent contractors, gig workers, and freelancers who are paid $600 or more by a business, it can also be used to report other types of income to the IRS. Examples of the types of income include: Acquisition or abandonment of secured property.
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What does a W9 indicate?
Form W-9 (or an acceptable substitute) is used by persons required to file information returns with the IRS to get the payee's (or other person's) correct name and TIN. For individuals, the TIN is generally a social security number (SSN).
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What is the purpose of requesting a W9?
Use Form W-9 to provide your correct Taxpayer Identification Number (TIN) to the person who is required to file an information return with the IRS to report, for example: Income paid to you. Real estate transactions.
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Why is someone asking me for a W9?
You might be asked to fill out a W-9 form if your employer treats you as an independent contractor rather than an employee. This means that instead of being on the payroll and receiving a regular paycheck with tax withholdings, you would receive payments directly and be responsible for paying your own taxes.
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What does it mean when someone requests a W9?
The W-9 is an Internal Revenue Service (IRS) form in which a taxpayer provides their correct taxpayer identification number (TIN) to an individual or entity (Form W-9 requester) who is required to file an information return to report the amount paid to a payee, or other amount reportable on an information return.
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Who sends me a W9?
Companies who engage you as a contractor or make payments to you for services you provide will likely ask for a completed W-9. Likewise, banks, brokerage firms and other payers typically ask for a completed W-9 to prepare your 1099s to report items such as interest, dividends, cancellation of debt and more.
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