The W-9 form is an IRS tax form that is filled out by providing information about a freelancer or contractor including the name, address and taxpayer identification number TIN. The business that employs freelancers and contractors uses the information to prepare Form MISC and report to the Internal Revenue Service the amount of income that is paid to the contractor or freelancer. This form enables businesses to get key information about the vendor or contractor. NOTE: FreshBooks Support team members are not certified income tax or accounting professionals and cannot provide advice in these areas, outside of supporting questions about FreshBooks. If you need income tax advice please contact an accountant in your area. The W-9 form must be filled out by self-employed workers such as independent contractors, vendors, freelancers and consultants. This form allows businesses to keep track of their external workforce. As a contractor or freelancer, you may have completed jobs for multiple businesses. This means that you may have to fill out multiple W-9 forms in the year. Apart from freelancers, professional consultants, trade workers and independent contractors, the W-9 tax form has to be completed for any income earned on mortgage interest paid by individuals, specific real estate transactions and dividends paid out to shareholders.
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