W-9

(redirected from Forms W-9)

W-9

A form used to certify a shareholder's social security or tax identification number as true and correct, in order to avoid federal tax withholding.

W-9

A form filed with the IRS stating a person or company's Social Security number or Tax Identification Number, and listing all the income that the filer has paid to the person or company he/she regard. This income may be ordinary income, dividends, or something else. The W-9 form states that the person or company is not subject to withholding. That is, it states that the party making payments is not responsible for withholding income for taxes, and places the onus on the person or company the form regards. W-9 forms are frequently used for independent contractors.
References in periodicals archive ?
The new Tipalti offering streamlines the entire Form W-8 collection process with a web-based assistant that aids the supplier with form selection from over eight different tax forms including Forms W-9, W-8BEN, W-8BEN-E, W-8EXP, W-8IMY, W-8ECI, W-4 and Form 8233.
In addition, documentation collected prior to July 1, 2014, such as on Forms W-9, Request for Taxpayer Identification Number and Certification, and W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding, will in some instances he sufficient for purposes of FATCA.
Announcement 2001-15 appears to clarify that payors may continue to rely after June 30, 2001 on older versions of Forms W-9 obtained from payees before July 1, 2001.