Why does a recipient need to submit Form W-9 to the payer?

Last modified 5/27/2020 2:37:57 AM EST

A recipient needs to submit Form W-9 to provide the correct TIN and certification to the payer and the payer will use this information to file the 1099 form.

Payers can use the information provided in the W-9s to file 1099 for their recipient at the year-end through TaxBandits.

Click here to learn how to request W-9 via TaxBandits.