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 number, the payer won’t be able to furnish Form 1099-MISC to the recipient, thus, the income of the recipient can’t be reported when filing a federal income tax return. As for the question of whether or not you need to file Form W-9 for 1099-MISC purposes, yes, you are required to file one.

As mentioned, the payer won’t be able to file Form 1099-MISC and without this tax form, you won’t be able to report the income you earned through this on Form 1040. There will be a $50 penalty if you don’t file Form W-9 and provide your taxpayer identification number. You might also be subject to backup withholding so that you pay federal income taxes on the amount earned. This applies if the payer hasn’t paid you yet and oftentimes mandatory for most payers.

Furnish a copy of Form W-9

There are several ways to file Form W-9. The easiest way to do it is by filing Form W-9 online e-mailing it. If you don’t have the contact information of the payer, you can simply print out a paper copy after filing it and give them in-person. As long as the payer receives your taxpayer identification number, you will fulfill this tax obligation.

Upon receiving Form 1099-MISC from the payer, you can then calculate your gross income by accounting for the income amount on the form and calculate adjusted gross income, then the taxable income so that you can figure out your tax liability.

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