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Do I need to file Form W-9 for 1099-MISC

Do I need to file Form W-9 for 1099-MISC?

Do I need to file Form W-9 for 1099-MISC? If you earned self-employed income as a freelancer or a contractor, the payer needs your taxpayer identification number so that you can be furnished with Form 1099-MISC. This can be either a Social Security Number or an Individual Taxpayer Identification Number. Without a valid taxpayer identification …

Form I-9 Documents List - Identity and Work Authorization

Form I-9 Documents List – Identity and Work Authorization

Form I-9 – Employment Eligibility Verification is the document that USCIS requires employees to fill out to verify their identity and authorization to work in the United States. All employees whether they are a U.S citizen, U.S national, or U.S resident alien are mandated to file this form. An employee who started working must file …

IRA Deduction MAGI Limit - Single and Married

IRA Deduction MAGI Limit – Single and Married

The Individual Retirement Accounts, commonly known as IRAs grant the taxpayers who contribute to a traditional or other qualifying plan a tax deduction for their contributions. This isn’t a deduction like the qualifying medical expenses though. You can claim the IRA deduction using Schedule 1 – Additional Income and Adjustments to Income. So you don’t …

Application for IRS Individual Taxpayer Identification Number

Apply for ITIN – Individual Taxpayer Identification Number

ITIN or known as Individual Taxpayer Identification Number is an identification number for tax purposes. You can apply for ITIN to fulfill your tax obligations but not everyone needs one. Only those who can’t get a Social Security number should apply for an Individual Taxpayer Identification Number. If you need one, here is how to …