Freelance Glossary > W > W9 Form

W9 Form

A W9 form is an official tax document used in the United States that provides a freelancer’s taxpayer identification number (TIN) or Social Security number (SSN) to clients who pay them for their services. Clients ask freelancers for a W9 form to comply with Internal Revenue Service (IRS) requirements, as they must report payments made to freelancers to the IRS.

The W9 form includes the freelancer’s legal name, business name (if applicable), address, and TIN or SSN. It is the freelancer’s responsibility to provide accurate information on the form, as any discrepancies could result in problems with the IRS or the client’s accounting records.

It’s important to note that the W9 form is not the same as the W-4 form used by employees to indicate their tax withholding preferences to their employers. Freelancers are self-employed, so they are responsible for paying their own taxes and typically receive a 1099 form from their clients at the end of the year, summarizing the payments made to them.

Articles that talk about "W9 Form"

Determining Who Gets a 1099-MISC Form and When it’s Due

Determining Who Gets a 1099-MISC Form and When it’s Due

Taxes for any business, large or small, can be daunting — especially for those just starting out. They leave you with so many questions…who gets...

169 Client Gift Ideas to ‘Wow’ Your Clients in 2023

169 Client Gift Ideas to ‘Wow’ Your Clients in 2023

Client gifts aren’t just a kind gesture you should consider at the end of each year. Sending client gifts any time of the year shows...

Moxie App Review: I Tested it as a Freelancer—Here’s What I Think

Moxie App Review: I Tested it as a Freelancer—Here’s What I Think

Running a freelance business can be overwhelming. I should know. I’m a freelancer myself. But I’ve never been 100% sure how to get organized—not sure...

9 Tips to Help You Manage Multiple Projects as a Freelancer

9 Tips to Help You Manage Multiple Projects as a Freelancer

Many freelancers have trouble finding their next client. However, some freelancers face the exact opposite problem: how to manage multiple projects and deal with many...

More articles about "W9 Form"