Instructions for IRS Form W-9 Request for Taxpayer Identification Number and Certification (Instructions to Payors and Operators)

This document contains official instructions for IRS Form W-9 , Request for Taxpayer Identification Number and Certification (Instructions to Payors and Operators) - a form released and collected by the U.S. Department of the Interior - Office of Natural Resources Revenue.

FAQ

Q: What is Form W-9?
A: Form W-9 is a document used by payors and operators to request the taxpayer identification number (TIN) and certification from a U.S. resident or business entity.

Q: Who needs to complete Form W-9?
A: Any U.S. resident or business entity that is requested by a payor or operator to provide their taxpayer identification number (TIN) and certification needs to complete Form W-9.

Q: What information is required on Form W-9?
A: Form W-9 requires the individual or business entity to provide their name, address, TIN (usually the Social Security Number or Employer Identification Number), date of signature, and certification.

Q: Why is Form W-9 important?
A: Form W-9 is important because it helps payors and operators to accurately report payments made to individuals or business entities to the Internal Revenue Service (IRS). It is used for tax reporting purposes.

Q: How should Form W-9 be submitted?
A: Form W-9 is typically submitted directly to the payor or operator who requested it, either electronically or by mail. It is not submitted to the IRS.

Q: Are there any penalties for not providing Form W-9?
A: Yes, if you are requested to provide Form W-9 and fail to do so, the payor or operator may be required to withhold a percentage of your payments for tax purposes.

Q: Do I need to complete Form W-9 for every payor or operator?
A: Yes, you generally need to complete a separate Form W-9 for each payor or operator who requests it.

Q: Can I refuse to provide a TIN on Form W-9?
A: No, providing a valid TIN on Form W-9 is required by law. Failure to do so may result in penalties.

Q: Do I need to submit a new Form W-9 each year?
A: No, you generally do not need to submit a new Form W-9 each year, unless your information has changed or you are requested to do so by a payor or operator.