Tax

    W-9 form

    A US tax form independent contractors complete so payers can issue them a 1099.

    Definition

    Collect a W-9 from every subcontractor before issuing first payment. Stores their legal name, EIN/SSN, and address. Without one, you may have to withhold 24% backup withholding.

    Related terms

    1099-NEC / 1099-MISC

    US tax forms reporting payments to independent contractors and other non-employees.

    Independent contractor

    A self-employed person hired to perform specific work under contract.

    EIN (Employer Identification Number)

    A federal tax ID issued to US businesses by the IRS.