W-9


Also found in: Acronyms.

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 ?
This is not something that you want to try early on," said Ricci, who suggests that users only issue the debtor a W-9 after the debt is more than 120 days past due.
The amount can either be filed as a receivable or written off as bad debt on the company's taxes, and W-9 forms can be easily acquired on the IRS website (www.
I drove the W-9 in the Comfort (Texas) Fourth of July parade and received a third place ribbon, competing against all other entries.
The W-9 was the largest tractor International Harvester made at the time with the exception of tracked equipment.
withholding agent has made "good faith efforts" to obtain the required "new" Form W-8 or W-9.
If the QI does not hold a Form W-9, Request for Taxpayer Identification Number and Certification, for a nonexempt U.
Form W-9, Request for Taxpayer Identification Number and Certification: Instructions to Form W-9 were revised to reflect the following changes: 1.
6714(e) (1), a trustee may not use the first alternative reporting method unless (1) the grantor or other person treated as the owner of the trust provides the trustee with a complete Form W-9 (or other acceptable substitute form); (2) the trustee gives the name and TIN shown on that Form W-9 (but does not give the actual Form W-9) to all payors; and (3) if the Form W-9 indicates that the grantor (or other person) is subject to backup withholding, the trustee notifies all payors of reportable interest and dividend payments of the requirement to backup withhold.