What is form W9 (W-9)

I have seen a lot of questions recently about form W9, so I want to try to talk about this form in this post.

Q: What is form W9?
A:The internal revenue service (IRS) created Form W-9 to be used by an entity (company for example) to request the taxpayer identification number (TIN) of a U.S. person. Most often, Form W-9 is sent to self-employed persons such as independent contractors.Failure to provide a Form W-9 when requested may lead to backup withholding or withholding at the 30% rate typically applied to foreign persons.

Q: Where can I get a copy of form W-9
A: A PDF copy can be found on the IRS website: http://www.irs.gov/pub/irs-pdf/fw9.pdf

Q:Is the TIN different from my social security number?
A: For individuals, the TIN is generally a social security number (SSN). In some cases, individuals who become U.S resident aliens for tax purposes are not eligible to obtain a SSN and need to apply for an ITIN.

Good Luck,
Rob

Form 1099-HC Printing and Filing

Q: What is a 1099-HC Form?

A: The form 1099-HC is a new Massachusetts form that serves as proof of health insurance coverage for MA adult (18 years and older )residents.

Q:What fields are covered in a 1099-HC Form
A:

1 Name of insurance company or administrator
2 FID number of insurance co. or administrator
3 Corrected
4 Name of subscriber
5 Date of birth
6 Subscriber number
7 Street address
8 City/Town
9 State
10 Zip
11 Coverage effective date
12 Coverage through date
Name of dependent Date of birth Subscriber number Coverage effective date Coverage through date

Q:Do you have a sample 1099-HC Form?
A: Please check out this link:
http://www.mass.gov/Ador/docs/dor/health%20care/1099_hc.pdf

Q:I am an employer and need to provide form 1099 HC to my employees. How can I obtain blank copies of the Form MA 1099-HC?
A:The Form MA 1099-HC is available on the MA DOR website: http://www.mass.gov/Ador/docs/dor/health%20care/1099_hc.pdf

Q:Where can I find 1099 software and 1099 forms?
A:Please visit this website: http://www.w2mate.com/

Good Luck,
Rob