How Do You Read A W-9 Tax Form?
You may receive a W-9 tax form in the mail from someone with whom you do business. It’s nothing more than a request to verify your social security number and to determine whether you’re subject to back up withholding or not. When you receive monies from an inheritance, a W-9 is frequently required. Fill in your name. If you own a business, fill out the name of the business. Know if you are exempt from back-up withholding. You will know if you are not exempt. Check it unless you’ve heard from the IRS. Fill in your address. Also list the name of the organization requesting the form. They will know their own address if you can’t find it or have it filled in already. Don’t forget to put in your account numbers. Write in your social security number very carefully. Check it twice if you must, because this is the reason that they ask you for the form. Make certain that it is correct. Sign the form in Part II. Here you are certifying that the number is correct, you are not subject to backup wi
