WebFeb 10, 2024 · To do this, you’ll need to collect some critical information about them and their country of residence. This is accomplished by having your contractors complete IRS form W-8 BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals). WebMar 10, 2024 · Using the W-9, employers can complete the 1099 tax form at the end of the year to record the payments they made to the contractor. Individuals fill out the W-9 if they work as an independent contractor or as a freelancer. They might also file a 1099 with the IRS at the end of the year for each business they provided products or services to.
What Is a 1099 Form, and How Do I Fill It Out? - Bench
WebWhen to request a W-9 form. Form W-9 is essential for doing business with independent contractors and freelance workers. If your company pays people or small businesses more than $600 each for completed work, … http://www.i-9employmentverification.com/ind_contractors.php educational uses of broadcasting technology
Independent Contractor: Everything You Need to Know
WebMar 22, 2024 · Form W-9. If you've made the determination that the person you're paying is an independent contractor, the first step is to have the contractor complete Form W-9, … WebFile a USCIS Form I-9. This is an Immigration Status / Employment Eligibility form to ensure one is eligible for employment in the U.S. (meaning they are a U.S. Citizen or a legal alien). This form must be completed prior to an employee’s first day of work and kept with one’s employee records. One can download Form I-9 here . WebFeb 19, 2014 · An independent contractor is not considered an employee for Form I-9 purposes and does not need to complete Form I-9. An independent contractor includes individuals or entities who carry on … educational tv for tots baby tv