Question from a reader asking
I have a portfolio posted on the web. I am a muralist.
I was asked to paint a mural for a company. I gave them a qoute. I am not registered as a company.
I am married my husband claims income.and pays taxes.
The company that asked me to paint a mural sent me a w-9.that says (REV. October 2007). I am starting the job in 2008. How do I handle paying taxes on this.
Like I said, I am not registered as a company. Does my husband claim this as extra income. My name would be on the company checks..Not sure how to handle this. Joleen
Hi Joleen… this is a standard form almost all business will require
you to fill out. They just need to fill it out for the IRS. The 2007
just means the year the form was revised by the IRS.
You just fill out a business name if you have one… other wise just
fill out your name - not your husbands… Your Address and your Social
Security Number.
>
You check the box that is next to individual/sole proprietor.
Sign it and date it and give it back to the company your working for.
Next year around tax time they will send you a 1099 that is like a w-2
for your taxes. It's easy… and keeps you legal. 
Debra Answering the Question: What is a W-9 Tax Form
Technorati Tags: w-9 tax form, small business taxes, file business taxes, what tax forms for business
Entries (RSS)