W-9 form needed or not needed?

Question

Should I have boots on Ground complete form W-9 form even if the total amount I'll pay for a year is 100-200?

Bruce Woodruff · Answer

No legal need. You're talking about your PM, GC and cleaners?

Michael Plaks · Answer

@Fili Aguirre

In an ideal world, @Chris Seveney is correct: it's prudent to get W9 from everyone before starting. Prudent but impractical. And scratch the "ideal", ideal world would have no 1099s and no IRS.

I'm not an attorney, so I may be wrong, but I believe that there is NO legal requirement to verify your contractor's eligibility to work in the US. There is such a requirement for W2 employees but not for contractors. See this: https://www.usimmigrationcompl...

And you're not required to report annual earnings under $600 to the IRS, so no W-9 requirement, either. See here: https://www.biggerpockets.com/...

You may run into a situation when you expected to pay under $600 for the year but then turns out you need to pay more. Then you either need to get a W-9 at that point or cannot continue paying this person.

Bruce Woodruff · Answer

And get the W9s before they start work for you. It's harder getting them after they've been paid and the year is over...

Bruce Woodruff · Answer

Does he have his own legit company? If he's operating a business he should. Regardless I would 1099 him....just to protect yourself.

Fili Aguirre · Answer

@Bruce Woodruff boots on Ground guy, his job is to put up yard sign, take house pictures, and show the property sometimes.

W-9 form needed or not needed?

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