Request W-9
We need to request W-9 forms from contractors or individuals who provide $600 or more of goods or services.
https://www.irs.gov/pub/irs-pdf/iw9.pdf
To help an appointed executive of the board fill out a W-9 on behalf of Noisebridge, see W-9.
Why[edit]
5. Why do nonprofits need a W-9 Form? Nonprofits need a W-9 for two reasons –
- They paid a contractor $600 or more over the course of the tax year for goods or services. In this case, the nonprofit requests a W-9 Form from their contractor to get the information necessary to provide them with a Form 1099-MISC. This form helps the contractor file their own taxes.
- They provided goods or services worth $600 or more to another individual or business. In this case, the business or individual that benefitted from these goods or services requests a W-9 Form from the nonprofit to get the necessary information.
Either way, the purpose of the W-9 is to accurately and securely share important identifying information for tax requirements.