Due to Federal tax laws, you are required to provide us with your correct TAXPAYER IDENTIFICATION NUMBER. If you are an individual, your taxpayer identification number is your Social Security Number. If you are other than an individual, you must provide your Employer Identification Number.
If you do not supply Woodco with your correct Taxpayer ID Number, you may be subject to a $50.00 penalty imposed by the I.R.S. In addition, payments made to you by Woodco may be subject to a 20% backup withholding tax. The backup withholding tax is not an additional tax. If this withholding results in an overpayment of your taxes, a refund may be obtained from the I.R.S.
Complete the information requested below to avoid the application of the 20% backup withholding tax on payments made to you.
Company/Taxpayer Name
Address Phone
City State ZIP
Social Security Number (XXX-XX-XXXX)
OR Employer ID Number (XX-XXXXXXX)
Are you incorporated? No Yes
Signature (Type full name)
Title Date
The following is a written agreement to operate specific jobs as an independent contractor and to hold Woodco, Inc. free from any liability that might occur in relationship to insurance and/or tax liability.>
Job Name and Number
Date
