Posted by srnotary_CA on 11/3/05 2:37pm
Msg #73992

Company with own W-9

I signed up with a company who has their own version of the W-9. my question is Is this Legal and should I submit a regular w-9 instead of their version with them?

Reply by FastCA on 11/3/05 3:15pm
Msg #74001

W-9 is a federal tax form, what are they doing?

Reply by srnotary_CA on 11/3/05 3:18pm
Msg #74004

It is a company out of Florida and it is completely different though they say they do signings in all states. It says it is from the state of Florida Office of the Comptroller. Not LIke any w-9 I have ever seen.

Reply by FastCA on 11/3/05 3:42pm
Msg #74016

Are you in FL?

Reply by srnotary_CA on 11/3/05 3:47pm
Msg #74017

No I am in Cali.

Reply by FastCA on 11/3/05 3:51pm
Msg #74020

Then what does the state of Fl. have to do with your tax info? I would not give them this personal info, also do you have a TIN instead of SS#.

Reply by srnotary_CA on 11/3/05 3:51pm
Msg #74021

No I don't have a TIN should I get one and How do I go about doing that? Thanks

Reply by FastCA on 11/3/05 3:55pm
Msg #74024

It can be done over the phone with the IRS or go to their web site. It is simple as can be. You will eliminate the SSA identity problem as well as appearing more professional to SS and TC. What area are you working in CA?

Reply by srnotary_CA on 11/3/05 3:59pm
Msg #74025

I am in the Lancaster and surrounding area. Where are you?

Reply by srnotary_CA on 11/3/05 3:59pm
Msg #74026

Thanks for your help

Reply by FastCA on 11/3/05 4:02pm
Msg #74029

North San Diego County. I will keep you on my file and I can send business your way.

Reply by srnotary_CA on 11/3/05 4:05pm
Msg #74032

Thank You I will do the same for you.

Reply by srnotary_CA on 11/3/05 4:15pm
Msg #74033

One more quick question probably a stupid one but oh well. It says on the IRs site that a sole proprietor or a person self employed just uses their SS# or am I looking in the wrong place?

Reply by PAW_Fl on 11/3/05 4:24pm
Msg #74035

Even sole proprietors can get an EIN. Anyone who is in business or does business under their own name or a business name, can and should have an EIN.

Reply by srnotary_CA on 11/3/05 4:25pm
Msg #74036

Ok so it is an EIN and not the TIN correct? Just want to make sure I do it right so I don't get into hot water.

Reply by PAW_Fl on 11/3/05 4:28pm
Msg #74038

There are many 'substitute' W-9's around. There is nothing wrong with them and they are perfectly legal in every aspect. The purpose of a W-9 is for taxpayer verification of their TIN (Taxpayer Identification Number). The TIN may be one of several numbers, including a personal SSN (Social Security Number) or an EIN (Employer Identification Number). Anyone who is in business should have an EIN for that business. For sole proprietors, the EIN will be tied to their SSN when your taxes are submitted. You use your EIN on Schedule C which is a part of your 1040 return.

Reply by srnotary_CA on 11/3/05 4:30pm
Msg #74040

Ok Thanks I saw this different w-9 and it is nothing like the Federal one that everyone else wants. So I was unsure of what I should do. I will Just submit the W-9 "everyone else" uses then I will get a EIN. THanks