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Transfer of Ownership with W9 Form Page 1 of 2 Cu

Transfer of Ownership with W9 Form Page 1 of 2 Cu

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so if you're an independent contractor or consultant you probably had a client reach out to you and ask you to fill out a form w-9 so they can issue you a 1099 so you can go ahead and do your taxes it's pretty straightforward but i see a number of people running into issues with question number three so if you have an llc and you are the sole owner of the llc and you file your taxes on a schedule c uh then you're going to go ahead and check the box that says single member llc however if your llc is taxed differently and you don't report your taxes on a schedule c you're going to check the box that says limited liability company enter the tax classification and then you'll go ahead and check the box that indicates how you file your taxes

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