In order to fill out a 1099, you’ll need several pieces of information from the person or vendor you paid. The W-9 is an IRS form that you would give to someone you pay in order to gather this information for their 1099 (if one is due). Here’s the most necessary information gathered:
In the event that any information is incorrect on the 1099, the IRS will want to know if you sent the recipient a W-9 and request to compare the information provided on the W-9 with the 1099 information. There could be penalties for not being able to provide a W-9.
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