What is form W-9?

A W-9 is a form issued by the IRS that is used by subcontractors and other people who work for themselves to declare their tax identification numbers to their clients and customers

An entity who employes subcontractors (such as real estate sales associates) should make sure that a W-9 is on file for everybody who they make payments to.  The employer is obligated to issue IRS form 1099 for all of its subcontractors who have been paid during a tax year.

Click here to see a form W-9 and learn about how to complete it