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Why does my client need a W-9 from me?

MariaMartini

MariaMartini

New Member
I made a banner for a new client last week, now somebody from the finance dept. is asking for a W-9.

Why do they need it?

EDIT >> I Googled it, so I guess I already have that question answered, sorry!

Is this a common occurrence?
 
Last edited:
ChicagoGraphics

ChicagoGraphics

New Member
Most compaines don't ask for them but there are them select few that do. There have been times when I never sent them the form back.
 
Checkers

Checkers

New Member
It's normally asked for when you're a sole proprietor or a partnership and it's to prove that you're a contractor and not an employee.
The simple solution to avoid giving out your ssn is to apply for an EIN from the IRS. It's free, easy and protects your personal identification.

Checkers
 
binki

binki

New Member
They are required to ask for it if they pay you more than $600 per year. If you don't file it they are required to withhold estimated taxes from payments to you.
 
Billct2

Billct2

Active Member
On the flip side you should be collecting W-9s from any subcontracter you us.
My crane service, router sub and bookkeeper give me one.
 
bob

bob

It's better to have two hands than one glove.
binki said:
They are required to ask for it if they pay you more than $600 per year. If you don't file it they are required to withhold estimated taxes from payments to you.
Click to expand...

Nonsense. I get this every year from various clients. I tell them I'm a retail business no different than a clothing or grocery store and I have no 1099 relationship with them. I'm neither an employee nor a contractor, I'm a merchant. I have never, as in ever, sent any client a W-9. I explain that they can withhold whatever they want but the bill is what it is and will be paid in full. Their accounting system is not my problem.
 
MariaMartini

MariaMartini

New Member
Checkers said:
It's normally asked for when you're a sole proprietor or a partnership and it's to prove that you're a contractor and not an employee.
The simple solution to avoid giving out your ssn is to apply for an EIN from the IRS. It's free, easy and protects your personal identification.

Checkers
Click to expand...

I have an EIN but I thought it was my tax ID... is it both?
 
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