Is an Ein the Same as a W9?

Tax Identification Numbers

• Your tax identification number is your Social Security number if you are an individual.
• If you are a business, your tax identification number would be your employer identification number (EIN).

Employee Identification Number (EIN)

• The EIN is a nine-digit number the IRS assigns to identify the tax accounts of employers and certain others who have no employees.

W-9 Form

• The W-9 form requests a business’s name, address, EIN, and signature to enable businesses to report payments to the IRS.

Sole Proprietorship

• For someone operating a sole proprietorship, either the Social Security number (SSN) or EIN can be used on the W-9 form.

EIN Usage

• An EIN belongs to a business and can be used later if needed.

W-9 Safety Measures

• Do you need a W9 if you have an EIN?
• If you’re a contractor and you get a Form W-9 from an individual or business who is not a client, don’t fill it out.

Purpose of Form W-9

• What is a Form W-9 used for?

Information Reporting

• Use Form W-9 to provide your correct Taxpayer Identification Number (TIN) to the person who is required to file an information return with the IRS.

W-9 Application

• Form W-9 is a commonly used IRS form for providing necessary information to a person or company that will be making payments.

W-9 Filing Requirements

• Who has to fill out a W-9?

Reporting Contributions

• The information on the Form W-9 and the payment made are reported on a Form 1099.

Contractor Interaction

• Form W-9 is most commonly used in a business–contractor arrangement.

IRS Form Use

• A W-9 form is an Internal Revenue Service (IRS) tax form that is used to confirm a person’s name, address, and taxpayer identification number (TIN).

Taxpayer Identification

• A W9 form is an IRS form used to provide a person’s Tax Identification Number (TIN) to their payer.

W-9 Collection

• On Form W-9, taxpayers provide a variety of information for tax reporting purposes.