This content has been marked as final. Show 1 reply
Questions about IRS Form W-9, Welcome1 of 1 people found this helpful
person who files the information return for verification purposes. The
information on the W-9 and the payment made are usually reported on a
Form 1096 or 1099.
The payor must collect withholding taxes on certain reportable payments
for the IRS. However, if the payee certifies on the W-9 they are not
subject to backup withholding they generally receive the full payment
due them from the payor. This is similar to the withholding exemptions certifications found on Form W-4 for employees.