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IRS Form W-8BEN or IRS Form W-8BEN-E You will need to collect information and file Form W-8BEN for any foreign individuals you contract with over the course of the tax year. If you contract with a foreign company or self-employed workers who operate under a business entity, you'll need to collect IRS Form W-8BEN-E.

(xxiii) "Independent contractor" means an individual who performs services for another individual or entity and: (A) Is free from control or direction over the details of the performance of services by contract and by fact; (B) Repealed By Laws 1998, ch. 117, § 2.

The IRS requires contractors to fill out a Form W-9, request for Taxpayer Identification Number and Certification, which you should keep on file for at least four years after the hiring. This form is used to request the correct name and Taxpayer Identification Number, or TIN, of the worker or their entity.

The IRS test often is termed the ?right-to-control test? because each factor is designed to evaluate who controls how work is performed. Under IRS rules and common-law doctrine, independent contractors control the manner and means by which contracted services, products, or results are achieved.

Self-employed business income is reported on the form T2125, Statement of Business or Professional Activities. This form can help you calculate your gross income and your net income (loss), which are required when you complete your T1, General income and benefit return.

How do I create an Independent Contractor Agreement? State the location. ... Describe the type of service required. ... Provide the contractor's and client's details. ... Outline compensation details. ... State the agreement's terms. ... Include any additional clauses. ... State the signing details.