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 some of the necessary information gathered:
In the event that any information is incorrect on the 1099, the IRS may want to know if a W-9 was received from the recipient 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.
$0.99 per payment