Hi everyone, if you are an Asian and living in the United States, you must be familiar with the I-9 form. It is an essential document to verify your employment eligibility before starting any job. As an immigrant, we all have to fill out this form once in our lives. But, do you know that the new I-9 form has been introduced? In this article, we have gathered all the essential information about the new I-9 form, along with other necessary forms such as W-9 form that you must know as an employee in the US.
What is the new I-9 form?
The new I-9 form is an updated version of the previous form that all employers and employees must fill out to verify their eligibility to work in the US. The new form was released in 2020, and it contains various changes that you must know. The most important change is the introduction of electronic signature options and new expiration dates of different documents that serve as proof of eligibility.
If you are an employer, you must ensure that your employees fill out the new I-9 form instead of the old one. The new form is also available in an electronic format that makes it easier for employers to verify their employees’ eligibility. The new form also includes various instructions that make it easier for employees to fill it out accurately.
What do you need to know about the new I-9 form?
The new I-9 form contains various changes that you must be aware of. Here are some of the most important ones:
- The new I-9 form has a new expiration date and can be used until October 2022.
- Employers can choose to fill out the new form in an electronic format or as a hard copy.
- Employees can choose to use an electronic signature option to sign their forms.
- Various changes have been made to the citizenship and immigration status section of the new form.
- New expiration dates have been added to certain documents used to verify eligibility.
It is important to note that the accuracy of information on the I-9 form is crucial, and employees must fill out the form correctly to avoid any misunderstandings or legal issues in the future.
What is a W-9 form?
A W-9 form is another important document that you must know about as an employee in the US. Unlike the I-9 form, the W-9 form is not related to employment eligibility verification but is instead used to provide tax information.
When you start working with a new employer or client, you will be required to fill out a W-9 form. This form provides your employer or client with your tax information, including your name, address, and social security number or Employer Identification Number (EIN).
The purpose of the W-9 form is to allow your employer or client to issue you a 1099 form. The 1099 form is a tax form used to report income received from sources other than a traditional employer. Freelancers, independent contractors, and self-employed individuals typically receive 1099 forms.
It is important to note that the W-9 form is not related to the I-9 form, and employees must fill out both forms separately.
How to fill out the W-9 form?
The W-9 form is relatively easy to fill out, and you can find the printable form online. Here are the steps:
- Fill out your name, business name if applicable, and address.
- Select your tax classification and enter your social security number or EIN.
- Sign and date the form.
It is essential to ensure that all the information on the W-9 form is accurate and up-to-date to avoid any delays or issues with your tax returns.
Conclusion
As an Asian living in the US, you must know about the I-9 form and W-9 form. These forms are essential for employment eligibility verification and tax purposes, respectively. Make sure to fill out both forms as accurately as possible to avoid any legal issues or delays. Lastly, always keep a copy of these forms for your records.
