Good Morning,
I would like to join an Online Affiliate Network and as part of their application process, I have Fill in a W9 Form.
I would like to ask that if I submit the W9 Form, Will I have to file yearly Tax Returns with the IRS ?
The W9 Forms asks for SSN, address etc etc.
Will they send all these details to the IRS ?
Thank You and Regards
IRS Form W9 is most commonly used by individuals when they are working as a freelancer or independent contractor.
If you ever find yourself filling out a Form W-9, it generally means that a business or person who is paying you money needs your Social Security number so it can notify the IRS of the amount. The W-9 is used in a wide range of payment situations, but most commonly, taxpayers fill them out when they are working as a freelancer or independent contractor rather than an employee.
I’m pretty sure no magic form exist that you would not have to do your taxes!
The w9 pretty much sounds like a w2 just for small business or contractors but I’m not an expert.
Your obligation to file is based on your income, not forms you filled out.