How do I complete a W-9 for my business?

If your business is asked to submit a W-9, make sure to complete W-9 with your business name +business tax status + business EIN!

NOTE - if you provide your PERSONAL name and social security #, you will receive 1099s in your personal name rather than your business...that means that your income will bypass your business and you will lose all the tax savings we are working to provide through your business***

 

Don't forget to update any business licenses, permits, etc with your business information. 

 

How to complete a W-9:

(See attached blank form W-9, bottom of this page)

 

Box 1 

 

LLC owners filing taxes as an S-corp:
enter the legal name of your Business Entity as it appears on your tax return 

 

Corporation owners that are filing taxes as an S-corp:
enter the legal name of your Business Entity as it appears on your tax return 

 

Box 2 

 

LLC owners filing taxes as an S-corp:
leave blank

 

Corporation owners that are filing taxes as an S-corp:
leave blank

 

Box 3  

 

LLC owners filing taxes as an S-corp: use second line
check the box for "Limited Liability company "

AND

enter the tax classification > S for S Corporation

Corporation owners that are filing taxes as an S-corp: use first line

check the box for "S Corporation"

 

 

Jump to Box 5 & 6

enter full mailing address 

 

Jump to Box 5 & 6

 

Part I Taxpayer Identification Number (TIN)

 

enter the EIN for your business. DO NOT ENTER YOUR SOCIAL!

 

Part II Certification

sign & date

AND 

add your email address for fast and easy electronic 1099 delivery!

 

See also 1099 Contractors Explained
See also Singletrack's W-9 Compliance and 1099 Management Service