What kind of information does a W-9 request?

The W-9 form is specifically designed to collect the taxpayer identification number (TIN) of individuals and entities for tax purposes. When a taxpayer is asked to fill out a W-9, they are providing their name, business name (if applicable), address, and taxpayer identification number or Employer Identification Number (EIN). This information is crucial for businesses that need to report payments made to contractors or freelancers to the IRS, ensuring proper tax reporting and compliance.

Additionally, the W-9 does not collect information regarding employee work hours, total wages, or retirement account information, as those details fall outside the scope of the form's purpose. Instead, it focuses solely on verifying the tax identity of the payee, which is fundamental for businesses when filing tax returns related to payments made throughout the tax year.