However, the copy you file has to be a special, scannable version that you can obtain from the IRS website.
Section A refers to a relatively new section of the Internal Revenue Code that has to do with non-qualified deferred compensation plans.
Dollar signs are pre-printed on the form in boxes that expect a dollar amount. Recipient is who you paid.
Here are the parts of this form and where to send each one: Copy 1 is sent to the state tax department s. Box 2: Royalties, from oil, gas, or mineral properties, or from intellectual property patents, copyrights, trademarks.Five copies? Document your efforts to obtain the W-9 form. I keep getting asked about that. Contract workers and non-employees need this information to report income on their personal or business federal and state income tax returns. In addition, payments to certain types of corporations must be reported including medical and health care payments box 6 and attorney fees box 7. This form is NOT used for employee wages and salaries. You can send the form by mail or provide it online. Copy B is for the recipient. New for — you must submit the to the IRS by January 31 also. All you need are the right forms. Dollar signs are pre-printed on the form in boxes that expect a dollar amount. For example, on the form where it asks for the number of forms, I would write 1, not 1. You will need to get a W-9 form from each payee.
Continue Reading. For an individual, the taxpayer ID might be a social security number.