PDA

View Full Version : client asked me for a w-9, what do i do


Thirdpete
03-31-2006, 10:19 PM
Hey-
Here's the deal: I put in a bid at a steel plant for 165/Month and they accepted. This is one of my first commercial accounts. They just need a W-9 now so that they can mail me a check.

I'm in Illinois, if that is relevant information. What exactly are they asking for and where do I get this? I'm a registered business and am insured, not a "fly by night" operation. Just need to be pointed in the right direction...

Jpocket
03-31-2006, 10:21 PM
Never heard of a w-9

sheshovel
03-31-2006, 10:22 PM
You sure they diden't ask you to fill out a 1099?

FSully
03-31-2006, 10:25 PM
Its no big deal......get it from irs.gov

http://www.irs.gov/pub/irs-pdf/fw9.pdf

FSully
03-31-2006, 10:26 PM
You sure they diden't ask you to fill out a 1099?


They will send him a 1099 at the end of the year.

MMLawn
03-31-2006, 10:28 PM
A W-9 is required for them to verify your taxpayer information and to report your wages received directly from them in the event that you don't pay taxes on the money they pay you. If is actually VERY COMMON in the commercial care business. As an example I received 5 from commercial accts just yesterday alone.

Below is the direct IRS link on it:

http://www.irs.gov/pub/irs-pdf/iw9.pdf

Luvs2Play
03-31-2006, 10:28 PM
It is their responsibility to send you the W9 form. It is needed by the company to make sure you are legit. That is the form they will base your 1099 on for taxes. Without the W9, they will take taxes out of what they pay you.
Check with a CPA to make sure.

stumper1620
03-31-2006, 10:32 PM
W-9
A request for your tax payer ID # be it you EIN or SS, that is what they want, the reason is so they can show where they dispersed funds on their taxes. at the end of the year they should send you a 1099 Misc.
here is the form, save it and print a copy to give them.
http://www.irs.gov/pub/irs-pdf/fw9.pdf

procut
03-31-2006, 10:39 PM
There no big deal, I've recieved them numerous times, except they client always mailed/gave them to me. I have never been asked to provide one on my own.

olderthandirt
03-31-2006, 10:54 PM
How many have got recieved them and never filled them out and still kept the job and got paid???? :laugh: :laugh:
Dumbazz companies are so big they can't keep track of what they have or have not recieved back.
Of couse it don't do you any good they just don't 1099 you but you still better report it:cry:

Thirdpete
03-31-2006, 11:19 PM
Thanks for all the quick responses.

I'm registered as a sole proprietorship. I'm assuming that means my SS# is the tax ID number?

olderthandirt
03-31-2006, 11:26 PM
Thanks for all the quick responses.

I'm registered as a sole proprietorship. I'm assuming that means my SS# is the tax ID number?
YES..............................

6'7 330
04-01-2006, 12:00 PM
You can use your SS# or EIN # .The W-9 is to verify your tax Id, name, address etc to the IRS.As MMlawn said it quite common with accounts in the commercial sector .Just fill the form out and give back to them.If you don't give the company the W-9 you can be liable for withholding.

Jpocket
04-01-2006, 09:15 PM
You can use your SS# or EIN # .The W-9 is to verify your tax Id, name, address etc to the IRS.As MMlawn said it quite common with accounts in the commercial sector .Just fill the form out and give back to them.If you don't give the company the W-9 you can be liable for withholding.


Man that girl in your avatar is gorgeous, that the Mexican girl your talkin about? Man if i married her, i'd better watch my employees around her LOL