W9 Tax Form - How to fill out a Form W9, Tax Form W-9 and the 1099. Form W9 - W-9 Tax Form Explained

W9 Tax Form - How to fill out a Form W9. Tax Form W-9 and the 1099. Form W9 - W-9 Tax Form Step by Step.
W9 - How to fill out a W9 and get 1099 for independent contractor, self employed, freelancer, and an LLC.
Form W-9, Request for Taxpayer Identification Number and Certification
IRS Form W-9 www.irs.gov/pub/irs-pdf/fw9.pdf
About Form W-9, Request for Taxpayer Identification Number and Certification:
www.irs.gov/forms-pubs/about-...
W-9s and 1099s are tax forms that are required when you work with an independent contractor, freelancer, self-employed. Form W-9 is completed by the independent contractor and provides details on who they are. Form 1099 is completed by the employer and details the wages being paid to the contractor.
Tax preparation near me TaxesbyKatie.com
W9 video log:
00:20 Where to find IRS Form W-9
00:31 Google W9
00:37 Form W9 - Internal Revenue Service
01:17 Why is a W-9 needed.
01:38 W9 and the 1099
01:43 W9, 1099, tax return
02:22 Send w-9 to requester
02:44 Do not send W-9 to the IRS
02:54 Sole-proprietor and the W9
03:20 Check Individual/sole proprietor or single-member LLC
03:47 Address where to send your 1099
04:28 Taxpayer ID number on the W9
04:56 W-9 for a Single member LLC
05:08 What is a Disregarded Entity?
06:07 Single Member LLC and SS#
06:27 Partnership, two member LLc
06:58 S-corp, C-corporation
07:10 Directions and instructions for W9
W-9 answers to questions in video.
What is a Form W9? W-9 and the 1099. What is a W9 Requestor? Who needs a W9 form and the 1099? What is the W9 form used for? How to fill out a W9 tax form. If you're a LLC, freelancer, small business, LLC, independent contractor, C- corporation, S-Corporation, nonprofit, pole proprietor, gig worker(uber, lyft, etc) then the video will help you.
Step by step of how to complete W-9 form.
Katie St Ores talks about IRS Tax Form W9.
For those searching for:
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Please understand that these videos are for EDUCATIONAL purposes only and are very general.. All people and their financial situations are different. So it is important to consult your own financial professional.
_________________________________________________
W9, Form W-9 Katie St Ores CFP®, ChFC®, EA, LTC
Serving all States
Virtual Office or Physical Office
• County Investment Advisory Committee
• 97 Hours of Continuing Education each year to maintain Professional designations
• CFP® - Certified Financial Planner
• ChFC® - Chartered Financial Consultant
• EA - Enrolled Agent - Empowered by the U.S. Dept of the Treasury
• Licensed Tax Consultant -Licensed by the State of Oregon
• Medicare advisor, Medicare Advantage agent
• Registered Investment Adviser- Oregon Div. of Financial Regulation
• Tax Accountant - Markusen & Schwing CPA's
• Certified Investment Management Analyst program -Wharton - University of Pennsylvania
• Certified Mergers & Acquisition Advisor program - Loyola University
• Certificate in Accounting - UC Berkeley
• KZbin - Educational Channel-Finance, Investment, Taxes
• Financial Advisor, Tax Consultant - St Ores Wealth Management
Katie St Ores
Katie St Ores CFP®, ChFC®, EA, LTC
St Ores Wealth Management llc
www.SaintOres.com
2022 Women’s Initiative (WIN) CFP® Board
2022 Financial Women to Watch on KZbin
Medicare Health Plans Oregon:
Yamhill Washington Polk Marion Baker Benton Clackamas Clatsop Columbia Coos Crook Curry Deschutes Douglas Gilliam Grant Harney Hood River Jackson Jefferson Josephine Klamath Lake Lane Lincoln Linn Malheur Marion Morrow Multnomah Polk Sherman Tillamook Umatilla Union Wallowa Wasco Washington Wheeler Yamhill 97101 97111 97114 97115 97127 97128 97132 97148 97378 97396
0:00 Introduction
2:51 Sole proprietor - You report your income on Schedule
3:17 Check your federal tax classification
4:30 Sole-proprietor: Enter your SS#
5:10 Business has 1 owner and 1 tax return
6:05 Enter your Social Security Number
6:31 will be treated as a partnership.
7:11 Try reading the instructions.

[@agustinsandoval4750]

Thank you!! This is the stuff they need to teach in schools!

[@KatieStOresCFPChFCEA]

[10:14am PST] @SaintOres.com Thanks Agustin, I agree, but you don't learn it until you get out into the real world. And it can be an expensive lesson.

[@gigtaxservices]

@@KatieStOresCFPChFCEA How about Cannabis.. As an employee how do the file?

[@brisaserna8848]

they do. Financial Algebra

[@markchayer325]

@@KatieStOresCFPChFCEA hey Katie I have a question? So if I put in my bank account number and routing number, would this be optional or how would I get paid. Would it be sent by a paycheck. No idea

[@KatieStOresCFPChFCEA]

@@markchayer325 Hello Mark, There is no bank or routing number on a W-9. A W9 form is a tax document used to provide a taxpayer identification number (TIN) to someone who is required to file an information return with the IRS. The form is used by individuals and businesses to provide their TIN to payers or brokers who are required to file information returns with the IRS.

[@wollywop2278]

This lady will never know how grateful I am for her videos. I forget all about this channel until I need it and it never fails to give me concise How To Do’s. All I can do it send her a tip$ 🙏

[@BrownieJD]

Thank you! No extra fluff and straight to the point. You're awesome.

[@KatieStOresCFPChFCEA]

3:46pm PST SaintOres.com Thanks Brownie, I also don't like it when people spend two minutes at the beginning of a video talking about liking and subscribing....

[@PedroBlazeArt]

I literally feel like I'm learning from Angela from the office. Love it!!

[@KatieStOresCFPChFCEA]

Thanks Blaze... But there's a huge difference, Angela likes cats and I prefer horses.

[@pattiobrien-richardson1881]

Thank you. Great video. You go right in and start explaining. So refreshing!

[@KatieStOresCFPChFCEA]

Thanks Patti, Glad you enjoyed it! Nothing worse than people begging for subscriptions for the first 3 minutes of the video.

[@shannonross6006]

Thanks for walking us through that, Katie. Great attention to detail and dismissing the things we don't need to stress about. Thanks!

[@KatieStOresCFPChFCEA]

Thanks Shannon, Glad it was helpful! No need to stress out about a IRS form.

[@Guardangel25]

OMG. I hope i dont sound childish but i need things explained with why and why not. YOU ARE THE BEST

[@KatieStOresCFPChFCEA]

Thanks Guardian, I do my best to explain things as well as I can. Appreciate the nice comment.

[@sherrybrooks7577]

I just watch your W9 video thank you so much it helped me out to fill out for a customer so I can be able to receive loads

[@KatieStOresCFPChFCEA]

[11:21am PST] @SaintOres.com Thanks Sherry, Glad I could help.

[@sherrybrooks7577]

I just watch your W9 filled it helped me out so much because I needed to fill one out to get Load for a customer thank you so much and I did subscribe

[@KatieStOresCFPChFCEA]

Hello Sherry, Thanks for subscribing. I plan on doing as many government forms as possible.

[@andygodinez8237]

Awesome vid. Thank you! Very easy and simplified. Thank you

[@fawadumarr]

Love the way you explained step by step through this screen.

[@KatieStOresCFPChFCEA]

[11:21am PST] @SaintOres.com Thanks Fawad, I'm happy you liked it.

[@jamescabrera3655]

Thank Katie for the video - very helpful and much appreciated!

[@KatieStOresCFPChFCEA]

[09:44am PST] @SaintOres.com Thanks James, Glad it was helpful!

[@lyetaherb4703]

Thank You So Much! You helped me finally exhale after a week of questioning with no defined answers. TWO THUMBS UP! :0) 100% EXCELLENTE"

[@KatieStOresCFPChFCEA]

[2:34pm PST] @TaxesbyKatie.com Thanks Lyeta, That was my first "Excellente"

[@lyetaherb4703]

😉👍🏾IT'S A STRAIGHT FACT👉🏾👉🏾👉🏾100%*****

[@anthonydailey5918]

Thank you very much this video not only helpful but as straight to the point. Great work!

[@KatieStOresCFPChFCEA]

[9:12am PST] @SaintOres.com Thanks Anthony, I'm glad it was helpful.

[@SoyIsima]

Thank you! it is the first time I will have to file taxes in this country and this info is wonderful! thank you very much!

[@KatieStOresCFPChFCEA]

[11:53am PST] @TaxesbyKatie.com De nada Isima, Congratulations. In a way, I love paying my taxes. It makes me feel like I am contributing and involved.

[@SoyIsima]

@@KatieStOresCFPChFCEA Right! same here! keep it up doing educational video who all of us who want to contribute to this amazing country!

[@jjokur]

Fantastic Video and very informative. Thank you for this, Katie.

[@KatieStOresCFPChFCEA]

Thanks Jude.... I just saw your comment.

[@henrysalazar7612]

Katie, I greatly appreciate your video, god blessed you…

[@KatieStOresCFPChFCEA]

[10:31am PST] @SaintOres.com Thanks Henry, Glad it was helpful!

[@SVZ11]

Thanks a lot of the info, i did read the W9 but its so much better when someone walks you through it lol

[@KatieStOresCFPChFCEA]

Thanks Kenpachi, I agree, who wants to spend a bunch of time reading IRS directions.

[@Rationalific]

Awesome! This is just what I was looking for!

[@KatieStOresCFPChFCEA]

[10:44am PST] @SaintOres.com Thanks Rationalific, Glad I could help!

[@elizabeth833]

Thank you so much!!! Took some stress off of my shoulders! 🙏

[@KatieStOresCFPChFCEA]

Thanks Elizabeth, You're so welcome! Taxes and stress relief will be on my next business card.

[@kasiwilliams5927]

Thank you great explanation especially knowing when to use between the EIN and SS.

[@KatieStOresCFPChFCEA]

[8:55am PST] @SaintOres.com Thanks Kasi, Glad it was helpful!

[@drscrezhack8641]

Excellent job explaining the details!! ❤️👌🏽🥇

[@KatieStOresCFPChFCEA]

[11:49am PST] @SaintOres.com Thanks Doc, I'm glad it was helpful.

[@XxUliboneZxX]

Extremely helpful and informative. THANK YOU!

[@KatieStOresCFPChFCEA]

[11:51am PST] @TaxesbyKatie.com Thanks King, Glad it was helpful!

[@sheilajackson6758]

Thank you for this video! It helped me fill out the form.

[@KatieStOresCFPChFCEA]

[5:28pm PST] @TaxesbyKatie.com Thanks Sheila, Glad it helped!

[@DontBeAJinx]

Sad that high school dont teach you this.

[@KatieStOresCFPChFCEA]

[10:13am PST] @SaintOres.com I agree. You have to get out into the real world to learn a lot of business stuff. But now we have University of KZbin.

[@Naesman1167]

Thanks Katie. Awesome!!!

[@KatieStOresCFPChFCEA]

[11:21am PST] @SaintOres.com Thanks Jazz, I appreciate the "Awesome"

[@gigtaxservices]

You are awesome. "Let get going". I love it. Please do more

[@KatieStOresCFPChFCEA]

[11:02am PST] @SaintOres.com Thanks Kimberly, I plan to do as many as I can. Great thing about the IRS, they have lots of forms.

[@juliolopez4799]

This is a great video, very thorough instructions on how to fill out form.

[@KatieStOresCFPChFCEA]

[2:57pm PST] @SaintOres.com Thanks Julio, I don't get too many "great video" comments. I appreciate it.

[@esthert743]

This was GREAT and simple. Thank you :)

[@KatieStOresCFPChFCEA]

[9:32am PST] @SaintOres.com Thanks Esther, You're very welcome!

[@jessicabarrera7035]

Thank you so much. You explain every detail on this video.

[@KatieStOresCFPChFCEA]

[10:54am PST] @SaintOres.com Thanks Jessica, Glad it was helpful!

[@humanity4281]

‌Thank you ma'am I follow you from Afghanistan and I was able to fill this form according to your instructions ❤️❤️

[@KatieStOresCFPChFCEA]

Hello to Afghanistan, I'm glad the video was helpful.

[@VirtualZeeshan]

Thank you, ma'am. Your explanation was very helpful. Thumbs up for your pretty good explanation!

[@KatieStOresCFPChFCEA]

9:56am PST SaintOres.com Thanks Zeeshan, I appreciate the nice comment. Glad it was helpful!

[@arturodoesitall808]

Great video. Thanks for all the detailed information.

[@KatieStOresCFPChFCEA]

[11:11am PST] @SaintOres.com Thanks... And I love your featured page at your KZbin channel: 'arturo does it all' Here's the link: kzbin.info/door/X3g5JIpeZb4b_pI6zFGiFQfeatured. Never seen anyone eat a burger on their featured page before.

[@vanetahowitt8468]

Thank you so much , I love your video and explanation I understand everything.

[@KatieStOresCFPChFCEA]

[3:01pm PST] @SaintOres.com Thanks Veneta, I appreciate the kind comment and I'm glad you 'LOVED' the video....

[@rebecagg5086]

hello katie excellent videos even though i don't speak much english i managed to understand make videos with spanish subtitles you will win more success thanks

[@KatieStOresCFPChFCEA]

Thanks Rebeca, De nada.

[@LandieCandie]

Nice and easy to understand and you got to the point!!! You are amazing

[@KatieStOresCFPChFCEA]

Thanks Viv. I hate it when I have to listen to "like, subscribe, and comment" for two minutes before the video.

[@LandieCandie]

@@KatieStOresCFPChFCEA you are awesome !!!! & me too 😂

[@simryusom8811]

Thank you so much!

[@hen1588]

Thank you very much, the video was very informative and concise.

[@KatieStOresCFPChFCEA]

[9:52am PST] @SaintOres.com Thanks Hen, Glad it was helpful!

[@surfacegrindingmachine5894]

Thank you very much for your help!!

[@KatieStOresCFPChFCEA]

[1:59 pm PST] @SaintOres.com Thanks tool & die guy, Glad it helped!

[@thugganificent2094]

Thanks, Katie!

[@KatieStOresCFPChFCEA]

[11:11am PST] @SaintOres.com You're welcome Thugganificent.....

[@adamev1104]

Thanks for the videos and the information ..💐

[@KatieStOresCFPChFCEA]

You're welcome Adam.

[@makihernandez8764]

Thank you for helpful and greatly explained video 🙏🏽

[@KatieStOresCFPChFCEA]

[3:48pm PST] @SaintOres.com Thanks Maki, Glad it was helpful!

[@zeeshanahmed2332]

Thank you very much!

[@KatieStOresCFPChFCEA]

[10:30am PST] @SaintOres.com Thanks Zeeshan, You're welcome!

[@mattharmstrong2519]

Thank you very informational 🙌🏾

[@KatieStOresCFPChFCEA]

Hello Matth, Your welcome and I'm glad it was helpful!

[@soleburysoftware2201]

Excellent Explanation!

[@KatieStOresCFPChFCEA]

[3:23pm PST] @SaintOres.com Thanks Brian, Glad you think so!

[@Monopolylife33]

Thanks! Katie.

[@KatieStOresCFPChFCEA]

Thanks Monopoly Man. Or is his name Cash Uncle? I can't remember.

[@helenkalab8719]

You are amazing you made my day🙏

[@KatieStOresCFPChFCEA]

[2:08pm PST] @SaintOres.com Thanks Helen, I like the 'amazing' part.

[@ScalelordTerraria]

Thank you very much this was really helpful. Need to fill out a w9 for My Merch Store, and wasn't sure what to fill out for line 2! Thanks so much :)

[@KatieStOresCFPChFCEA]

[11:06am PST] @SaintOres.com Hello Scalelord, Glad it was helpful! And good luck with the Merch...

[@nakeithak2476]

Thank you so much for this video

[@KatieStOresCFPChFCEA]

[11:34am PST] @SaintOres.com Thanks NaKeitha, You are so welcome!

[@jakemathurin5638]

Thank you so much!!

[@KatieStOresCFPChFCEA]

[9:52am PST] @SaintOres.com Thanks Jake, You're welcome!

[@bobbysuniga8367]

Thank you very much. That was useful information.

[@KatieStOresCFPChFCEA]

Thanks Bobby, Glad it was helpful!

[@tc4525]

This is really helpful. Thank you very much.

[@KatieStOresCFPChFCEA]

[4:49pm PST] @SaintOres.com Thanks TC, Glad it was helpful!

[@Zyzlove]

Superb explanation!

[@KatieStOresCFPChFCEA]

Thanks Tenzin, for the superb comment.

[@faith12345y]

Great video.Thanks for sharing.

[@KatieStOresCFPChFCEA]

[3:18pm PST] @SaintOres.com Thanks Patricia, I appreciate the nice comment.

[@ReviewScene]

Excellent video. Thank you.

[@KatieStOresCFPChFCEA]

Thanks for your "Excellent" comment. Glad the video was helpful!

[@scarletp6971]

The way you explain every single step and with details is just AWESOME. I love to watch your videos and learn from them. You make me grow an interest for taxes and accounting. Thank you so much for taking the time to create these very educational videos.

[@KatieStOresCFPChFCEA]

[10:33am PST] @SaintOres.com Thanks Scarlet, that's one of the nicest comments I've ever received. Makes me want to film another tax video this afternoon. (fyi - I hate being on film....) thanks again.

[@scarletp6971]

@@KatieStOresCFPChFCEA you're very welcome. I can't tell you don't like to be film 😉. I'll keep watching them for sure.

[@KatieStOresCFPChFCEA]

[4:25pm PST] @SaintOres.com Thanks... And if you ever have any ideas for videos you'd like to see, let me know. I'll be adding small business and stock market investing to the tax stuff. I think it all kind of goes together.

[@scarletp6971]

Have you made videos about how to schedule/report payments as small business for 1099? Since we just started our business I was trying to find what should I do with independent contractors payments? Such as, wait until the end of the year to add the payments for every single independent contractor and record as a whole sum at once? Or, to record every payment during the year on my bookeeping software? Does it matter if it is recorded as a whole sum one time payment? Or, several payments as services are provided? 🙂

[@KatieStOresCFPChFCEA]

[12:31pm PST] @SaintOres.com Hey Scarlet, If you paid an independent contractor $600 or more in a calendar year, you are responsible for sending the contractor a completed 1099-MISC (Copy B) by January 31 of the following calendar year. The correct way is to record every payment during the year in your bookkeeping software for each contractor.

[@lordgeneral9]

Thank you, this was so helpful

[@KatieStOresCFPChFCEA]

[1:12pm PST] @SaintOres.com Thanks General, Glad it was helpful!

[@tiptip6155]

Thanks!

[@KatieStOresCFPChFCEA]

[4:15pm PST] @SaintOres.com Your cash infusion will be put toward my next video. Or maybe toward a slice of pie at the new restaurant that opened here next to the office. Either way, thank you.

[@anastasiya5742]

Thanks for the video! Maybe in the next videos you show us how to fill form 7202) and who is eligible for applying this form

[@KatieStOresCFPChFCEA]

Thanks Anastasiya, I'll look into making that video.

[@jeanniemarie5717]

Thank you, very helpful.

[@KatieStOresCFPChFCEA]

[11:15am PST] @SaintOres.com Thanks Jeannie, Glad it was helpful!

[@scott_t_woodsman]

Thanks for the info.

[@KatieStOresCFPChFCEA]

No worries!

[@serenitymusic2189]

Excellent video with no distracting music! Thank you!

[@KatieStOresCFPChFCEA]

[11:11am PST] @SaintOres.com Thanks Serenity, Glad you liked it...

[@jho9132]

i'm a photographer and companies asks for this, thanks for the tutorial :) - jho

[@KatieStOresCFPChFCEA]

[10:51am PST] @SaintOres.com Thanks Jho, Glad it helped out.

[@tiptip6155]

Thank you very much your KZbin is very clear answer…I click like and subscribe for u now

[@KatieStOresCFPChFCEA]

[4:05pm PST] @SaintOres.com Thanks Tip Tip, I'm glad the video helped. And welcome aboard.

[@jarelevens5833]

thank you so much you help me out with this and i will buy cup as well

[@KatieStOresCFPChFCEA]

[1:42pm PST] @SaintOres.com Thanks Jarel, I'm glad the video was helpful....

[@Ben83vm]

Thanks so much 🙏

[@KatieStOresCFPChFCEA]

[9:13am PST] @SaintOres.com Thanks Ben, I'm glad it helped....

[@cynthiacastillo7920]

it also has (OR EIN IF OWNER HAS ONE) for the TIN on the first page.

[@selmaracha7606]

Thank you so much you cleared a lot for me 😍😍

[@KatieStOresCFPChFCEA]

Thanks Selma, and you’re welcome 😊

[@BLESS59]

Great video

[@KatieStOresCFPChFCEA]

[1:43pm PST] @TaxesbyKatie.com Thanks Bless, Glad you enjoyed it...

[@skippylearn]

Tks for this info

[@KatieStOresCFPChFCEA]

Thanks Skippy.... I glad it was helpful.

[@kadila14]

Hi - this was very helpful! I have to submit a W9 to an government entity that says they will only make payments to what you list in line 1 as the Name. However, I want them to pay my SMLLC and not me personally? How do I handle this? Can I put my SMLLC in line 1 as the Name and it's EIN? Otherwise, it seems they will send checks to my personal name and not to my business

[@jasonsong6747]

Love how you went through the line items step by step - great vid! Question: I am a sole proprieter and I don't want to give clients my SSN or home address for privacy reasons. I will get an EIN to protect my SSN. For the address line on the W9, can I use a PO Box? I've read that you can by only if I can't get mail to my home address (per statement on 1040). So does that mean I am forced to show my client my home address (I can receive mail at home)?

[@KatieStOresCFPChFCEA]

[2:34pm PST] google.com/localservices/review/taxesbykatie Hey Jason, Yes, you can use a PO box number on a form W-9. This is the address where the requester will send your tax forms (1099-MISC).

[@alalal123421]

@@KatieStOresCFPChFCEA so using an EIN ok? I dont want to share social security. I am an independent contractor from what I understand I say individual/sole proprietor on the form and in that case either one works is that correct?

[@KatieStOresCFPChFCEA]

@@alalal123421 [11:51am PST] @SaintOres.com Hey PA, Per IRS instructions if you are a sole proprietor and you have an EIN, you may enter either your SSN or EIN.

[@dejouner]

Thank you

[@KatieStOresCFPChFCEA]

You're welcome Day....

[@AlexVincent-j9c]

Thank you for this video. I notice that the form and instructions were changed in March 2024 compared to what you show on the screen (dated Oct 2018), and one of the IRS revisions is its explanation for Part I concerning SSN vs. EIN for single-member LLCs that are disregarded as an entity. Specifically, the sentence that previously said NOT to use the EIN has been removed. So, the way I read it, the instructions direct one to use the EIN if they have it. Have you seen this March 2024 change, and wouldn't it change your video instruction and your various answers to viewers' questions about SSN vs. EIN where you tell them to use the SSN and not to use the EIN based on the "old" version of the form? I myself do not know the answer, but put it to you. Thank you.

[@mcalways]

Great question! As I do not feel comfortable using my personal SSN on a form being sent to a customer. 🥴

[@KatieStOresCFPChFCEA]

Hello Alex, Sorry for the delay, your comment went to "Held for review" . Per IRS instructions it is the same as it was... Owner's SSN or EIN , but NOT LLC's EIN. Here is a direct link to the IRS instructions. www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies

[@11third]

Short (to the point), sweet, and simple. Well explained. Thank you!

[@KatieStOresCFPChFCEA]

[12:24pm PST] @SaintOres.com Thanks 11Third, I appreciate the nice comment. But you could have used the word amazing after sweet.... Maybe next video.

[@nikicvetanov7513]

Greta video, Katie! What about the tax id if you are a single-member LLC owner who does not have SSN?

[@KatieStOresCFPChFCEA]

[10:29am PST] @TaxesbyKatie.com Добрый день Niki, I just don't have enough detail to give you a competent answer, but depending on your situation, you might need to complete Form W-8 instead of a Form W-9. If you have an ITIN you should be able to use it instead of an SSN.

[@leaddentalsupplyllc2064]

Thank youuuuuuuu

[@KatieStOresCFPChFCEA]

[10:44am PST] @SaintOres.com Youuuuuuuuu're welcome.

[@gerardomartinlammoglia9494]

Hi Katie, the information you provide is very clear and helpful. Question, how should I complete it if we are a three-member LLC but in SS4 are a disregarded entity? Thanks!

[@KatieStOresCFPChFCEA]

Hello Gerardo, Per IRS rules- A disregarded entity is ONE person. Three member LLCs will be a partnership or S corporation. Without knowing your exact situation, you will probably need to apply for a new EIN for a different type of entity.

[@mialove6017]

Hello, what date should we put? The actual date you signed or the original date when the business started and first completed a W9?

[@mariannpap3625]

Hi Katie! Thank you for the video! I just got back the W-9 form from the person I’ll work with, what do I have to do with the form next?

[@KatieStOresCFPChFCEA]

[10:27am PST] @TaxesbyKatie.com Hello Mariann, Then you use that information from the completed W-9 to fill out a Form 1099.

[@jsmith4430]

Great video..Can you use 1099C for student loan??

[@danbaker8490]

Hi Katie! Thanks for making these fantastic videos :) quick question: Should I give my US clients a W-9 or W-8BEN? I'm a Non-resident alien (UK citizen & resident) and 100% owner of a Wyoming single-member LLC (disregarded entity). Thanks!

[@KatieStOresCFPChFCEA]

[11:18am PST] @SaintOres.com Hey Dan, A customer should request a W-8BEN from you. The form sometimes referred to as a "certificate of foreign status," establishes that the individual is both a foreign person and the owner of the business in question.

[@danbaker8490]

@@KatieStOresCFPChFCEA Thanks so much for taking the time to answer! :)

[@KatieStOresCFPChFCEA]

[9:22am PST] @SaintOres.com You're welcome....

[@hawkknight7616]

Thank you a lot Katie for your great explanation. I have a question about the part of signing which is often not deeply explained for the case of the US Multi-Member LLC owned by foreign individual owners (not US residents). Do one of these Member Managers have to sign it with his full legal name even if he is not a US Citizen nor Resident or we have to put the Legal name of the LLC as a signature (as it's considered a US Person) ?

[@KatieStOresCFPChFCEA]

[1:02pm PST] @SaintOres.com Hello Ghost, Sorry about sending you the response to Dave's comment. KZbin comments can be confusing. As for your question, I would advise you to contact an attorney that specializes in this field.

[@hawkknight7616]

@@KatieStOresCFPChFCEA No problem, Thank you 🙂

[@6616Milan]

Hi, your video was great, but I'm confused based on line 2. I got this form W9 after I left this previous company & this form is based on the previous company which I worked for earlier. Currently, I work for a different company, so what should I do? Please help. Thanks.

[@LifeWithAlliDaily]

This was really good and thorough. I have a question about using my EIN.... I thought as a single LLC.. you can use that bc you don't want your SSN being given out to every person you interact with. When do I ever use the EIN?

[@KatieStOresCFPChFCEA]

[10:44am PST] @SaintOres.com Hello Alli, Per the IRS rule, If you are a sole proprietor and have an EIN, you may enter your SSN or EIN. But if you are a single-member LLC, then you enter your personal SSN or EIN. DO NOT enter the disregarded entity’s EIN.

[@LifeWithAlliDaily]

@@KatieStOresCFPChFCEA Wow, so the Disgregarded Entity is a seperate number? I thought that was just a term used to distinguish how I wanted the govt to see me. So you apply for a disregarded entity number and a EIN?

[@KatieStOresCFPChFCEA]

[1:05pm PST] @SaintOres.com Hey Alli, Your disregarded entity can have its own EIN number, and you personally can have an EIN. For example, if you started your business as a sole proprietor and you obtained EIN under your personal name. Then a few years later, got registered with your state as a single-member LLC (disregarded entity), you will need to obtain EIN for your LLC. So, you will have two different EINs. I hope this makes sense.

[@LifeWithAlliDaily]

@@KatieStOresCFPChFCEA 1. You are awesome for replying and I TOTALLY APPRECIATE YOU!! 2. I Registered my business last year as an LLC and immediately through the same application applied for an EIN through LegalZoom bc they say it's "highly" suggested. I then was asked by a hospital to make treats and they wanted this W-9.... I got it off of IRS gov and then, saw this bc I got confused. I ended up putting my SSN on it instead of my EIN. I honestly don't think I'm a disregarded bc I only did the one application. But I'm learning so much from you💜💜

[@LifeWithAlliDaily]

Oh... So my SMLLC I use my EIN at all times?

[@josetapia1397]

If I have an itin. I can open a DBA and work as an independent contractor? And pay my taxes that way with the 1090?

[@ralphfrank1984]

Great video. Thank you. What would i put if i am working for a company asa free lance photographer? For Box 3, which am I Partnership or Individual proprietor?

[@KatieStOresCFPChFCEA]

[11:01am PST] @SaintOres.com Hey Ralph, For Box 3 you should mark Individual/sole proprietor since you are a freelancer.

[@njaminc]

You have the best videos on KZbin, can you please do a video on "mistakes to avoid when filling out ppp"

[@KatieStOresCFPChFCEA]

Hey Nick, Thanks for the nice words. But how is it possible to even make a mistake after following along with the video? jk. I'll look into a "mistakes to avoid" video. My tax season is starting to ramp up, and tax returns will be very complicated for people after the last year, so my video output might be less until after April 15th. Thanks again for the input.

[@njaminc]

@@KatieStOresCFPChFCEA Katie, trust me ,I'll find a way to mess it up .lol

[@skwerl81]

Thank you so much for this! If I'm an LLC taxed as an s-corp, should I automatically include the exemption code for 'corporation'?

[@KatieStOresCFPChFCEA]

[4:23pm PST] @TaxesbyKatie.com Hey Annette, You are an LLC taxed as an S-Corp, and an S-Corp is a pass-through entity. Backup withholding exemption doesn't apply to you. This is for Corporation (C- Type).

[@skwerl81]

@@KatieStOresCFPChFCEA ah, that makes sense - thank you SO much for your reply! ☺

[@KatieStOresCFPChFCEA]

[4:35pm PST] @SaintOres.com You're welcome....

[@byrdtalks]

Hi luv the video but if i started an llc with more than 2 ppl after i already was working as an independent do i still put the bis name and or EIN?

[@KatieStOresCFPChFCEA]

Hello Byrd, even if you started an LLC with more than two people after you were already working as an independent, you should still put your business name and EIN (company's EIN) on the W-9 form.

[@polovtsian7]

Hi, thanks for this helpful video. What about those who has a single member LLC but don't have a SSN? They should be writing EIN in part1, am I right?

[@KatieStOresCFPChFCEA]

Hello Fatih, A single-member LLC with no SSN should not write an EIN in Part I of Form W-9. Instead, they should write "SSN Not Applicable" or "TIN Not Applicable".The IRS considers a single-member LLC a disregarded entity for federal tax purposes. This means that the LLC is not a separate taxable entity from its owner. As a result, the owner's SSN is used for all tax reporting purposes, including Form W-9.

[@williamsmith103]

Thank you!!!

[@KatieStOresCFPChFCEA]

[9:52am PST] @SaintOres.com Thanks William, You're welcome!

[@kylamarizgloria380]

Hi, your video is helpful! I am a little bit confused on the second line, the business name, I work for Cross Country Healthcare agency, should I put their name on line 2? Thank you for your answer in advance.

[@KatieStOresCFPChFCEA]

[4:09pm PST] @SaintOres.com Hello Kyla, If you are working as a contractor for Cross Country Healthcare, you complete W-9 as an individual and will omit the section with the business name.

[@JoyMeyer-i8m]

Hello Katie. As a contractor since i can use my Single LLC EIN on the w-9 and i don't feel confortable including my ssn for a job. Can i aplly for a new EIN as Sole Proprietor and use that EIN instead of my SSN. Any Answer will be verymuch appreciated.

[@mokassem1311]

My business is not established yet but I opened an LLC - Sole member and I was given EIN when I filled LLC. In the mean I have separate/different job. My question which box I should select. Also in line 1 what should put the entity or my name because a company is asking to put the entity name with LLC. You support much appreciated. Thank you.

[@KatieStOresCFPChFCEA]

[11:04am PST] @SaintOres.com Hello Mo, You should check the very first box "Individual/Sole Prop or Single -Member LLC". You can input your business name in the Box 2. Since you are a single-member LLC (disregarded entity), enter the OWNER'S SSN (or OWNER'S EIN, if you have one). Do NOT enter the DISREGARDED ENTITY's EIN. EXAMPLE, Jon Doe has SSN and EIN. Jon Doe has disregarded an entity called Green House (Green House has its EIN). So, on the form, Jon Doe will provide his SSN or EIN, NOT Green Houses' EIN, because Green House is a disregarded entity.

[@BlackMusicRecordProd]

Very helpful I want fill W9 form for my litle business I mean like I have a label Music I hook on individual single member llc , I need more help

[@KatieStOresCFPChFCEA]

[10:44am PST] @SaintOres.com Hello Record Producer, What do you need more help with?

[@ontheplanetofculturewithsh5899]

Hi Katie. Do you know by chance when the EIDL Advance Grant will come out? Will you explain to us how to fill out an application for it?

[@KatieStOresCFPChFCEA]

Hey Shanna, I'll look into it tomorrow and do a video on the application when/if available. I'm also going to do a video soon on how these loans will affect your tax return. Could be a lot of confusion this year. Have a great rest of your day.

[@ontheplanetofculturewithsh5899]

@@KatieStOresCFPChFCEA Thank you very much! I don’t know what we would do without you:) You should’ve been a teacher. I just love the way you explain things.

[@javieraleman8150]

Thanks for your help, but what about if this form is been requested for being an obligor? so that they can return money to you.

[@KatieStOresCFPChFCEA]

[1:16pm PST] @SaintOres.com Hello Javier, An obligor is a person or entity that legally owes money to another person or entity. Not sure why they will be returning money to you unless you overpaid.

[@ghosttracker8580]

Wish u had an office in nyc so I could file my taxes with u.

[@KatieStOresCFPChFCEA]

Hello again Roy, Although my office is in Oregon, I am a federally authorized tax practitioner empowered by the U.S. Department of the Treasury. This allows me to prepare taxes in all 50 states and the District of Columbia. I've got a little more info on my TaxesbyKatie.com webpage if you're interested.

[@jonikfirst9760]

I see that you are replying to comments. Would you tell me which box I need to choose for my father if he is just a truck driver who work with a company?

[@KatieStOresCFPChFCEA]

[10:59am PST] @TaxesbyKatie.com Hello Jonik, I don't have enough information to answer your question accurately.