I’m a architect who active a w-9 anatomy but am no best gonna do the work, am I accept or how do I abolish the w-9 form????
You should be fine. Here’s why.
A anatomy W-9 is acclimated to accommodate your aborigine identification cardinal (such as your Social Security Cardinal (SSN) or your Employer Identification Cardinal (EIN)) to assertive payers. The anatomy is about completed by U.S. bodies (citizens or citizen aliens), domestics trusts and estates, and a partnership, corporation, company, or affiliation created or organized in or beneath the laws of the United States.
There are a few affidavit why a aggregation ability ask you to complete a anatomy W-9. In your case, you were asked to complete a anatomy W-9 because you were planning on accouterment casework as an absolute architect or a freelancer. The being who was advantageous you for those casework ability accept been appropriate to address the payments to the Internal Revenue Service (IRS), about application a anatomy 1099, if those payments met assertive criteria. One of the best accepted affidavit for arising a anatomy 1099 is back absolute payments exceed $600 in one tax year.
But if you didn’t accomplish the casework and didn’t get paid, there’s no charge for the payer to affair the anatomy 1099. And while a archetype of the anatomy 1099 advertisement those payments would accept been submitted to the IRS (just like a anatomy W-2), the anatomy W-9 is not about transmitted to the IRS. The alone affair that should accept that anatomy W-9 would be the aggregation (or the company’s tax professional). So if you’re afraid that the IRS ability accept a almanac that you were intending to do some assignment for this aggregation which ability activate a tax consequence, that’s not the case. You can beddy-bye at night.
So why does the aggregation accept the anatomy in the aboriginal abode if you never did the work? In abounding cases, companies ask for a anatomy W-9 to be completed in the alpha of a business or agent accord alike if it’s not bright that you’ll accommodated the 1099 filing threshold. They ask aboriginal in the bold to abstain the altercation of allurement at the end: It’s about absurd to get taxpayers to ample out the forms afterwards the actuality – assurance me.
Before you go: be abiding to apprehend my disclaimer. Remember, I’m a advocate and we adulation disclaimers.
If you accept a question, here’s how to “ask the taxgirl.”
Form W-11 For Business – form w-9 for business
Gallery of Form W-11 For Business
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