Who pays W-9 taxes

Full out this document is necessary, first of all, for the resident himself, as well as for the employer who pays him wages. No share are paid on this form. Fillable information from it is required by the employer in order to fill out another share form – 1099, which will go to the IRS. After filling out this list, the organization or the employer will pay the share rate for the respondent, if he receives from $ 600 or more. Therefore, it is extremely important to submit this form to your employer on time, so that he can make a contribution to the tax authorities on time and avoid problems with the law.

Filling Options

There are two options for filling:

  • You can always find a revised version of blank W9 forms at our site. This option is the most convenient, it can be sent quickly by e-mail;
  • Filling out a printed paper manual form – you need to fill out this form without errors and corrections, otherwise it will lose its legal force.

Both in the first and in the second case, it is necessary to send the cover document after filling out to the employer, with the correct data entered in it.

How long does it take to fill

The list can be completed in 10-15 minutes, depending on how well the respondent studied the questions that are presented on the form. This document also provides digital information, which includes an individual tax number, as well as the number of preferential documents that provide the respondent and his organization with a reduction in tax payments, for example, during charity activities or when there are any benefits from the state. At the same time, the safety of the data filled in the questionnaire is guaranteed by the state.