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Match IRS records) Business Name, if different from above. (DBA) Address (number, street and apt. or suite no.) Requester s name and address City, State and ZIP code Ferris State University Purchasing Office 420 Oak Street PRK250 Big Rapids, MI 49307 Fax: 231-591-3902 area code and phone number Check ONE appropriate box: INDIVIDUAL SOLE PROPRIETOR CORPORATION PARTNERSHIP LLC JOINT VENTURE FRANCHISE NOT FOR PROFIT GOVERNMENT Check as many as apply: Medical Service Provider (1099) Lawyer/A.

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Failing to do so could prove troublesome after beginning the work. Therefore, before starting any work with a person or business, be sure to ask for a Form W-9 if they haven't already provided you with one. Failing to do so could make you required to pay withholding taxes on the money that you pay them.

The form requires a taxpayer to provide their name, address, tax classification, and withholding requirements. The form must be signed, and the signing taxpayer is subject to civil and/or criminal penalties for willful noncompliance.

If the independent contractor doesn't provide you with Form W-9 you must withhold tax from payments to that person. This is referred to as backup withholding and should be withheld at the rate of 24% and then submitted to the IRS. Form 945 will also need to be filed to report the withheld tax.

Independent contractors who work with companies they are not employed with must often provide that company a W-9. If you do not furnish a W-9 as requested, your client must withhold taxes from your earnings at a tax rate of 24%.

The Tax ID Number is Vendors if you're required by the US IRS to send a 1099 Statement. The Tax Registration number is most useful for companies tracking Goods and Services Taxes (GST) or Value-Added Taxes (VAT).

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. Mortgage interest you paid.

Form W-9 is a commonly used IRS form for providing necessary information to a person or company that will be making payments to another person or company. One of the most common situations is when someone works as an independent contractor for a business.

If they are now refusing to provide a W-9 you should stop paying them immediately and document your requests to obtain the W-9 in writing. Failing to report contractor payments could cost you $1,060 in penalties – per contractor.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232