INDEPENDENT CONTRACTOR IRS FORMS
Here are three IRS forms you should be familiar with as an independent contractor.
W-7: Individual Taxpayer ID Number (ITIN) Form W-7. Only complete this form to apply for, or to renew an existing, IRS individual taxpayer ID Number. Access the form on this page. If you already have a social security number or qualify for one, you don’t have to apply for an ITIN.
W-9: Request for Taxpayers Identification Number and Certification Form W-9. This is the form independent contractors submit to the person or companies who have hired them. At the end of the year, they will file this information with the IRS, and include information about how much you were paid. Access the form from this link.
1099: Miscellaneous Income and Form 1099. You will receive this at the end of the year and it records how much this individual paid you. You should receive a 1099 for every W-9 you submitted. Use your 1099s to prepare your federal and state income taxes.