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Old 01-14-2025, 11:01 AM   #1
Charles Stewart
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Default NHRA racers and IRS

Latest news from the NHRA racer website.
https://www.nhraracer.com/content/ge...151&zoneid=175
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Old 01-14-2025, 11:12 AM   #2
1320racer
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Default Re: NHRA racers and IRS

What?s next, the NHRA performing a real tech/safety inspection on every car?
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Old 01-14-2025, 11:21 AM   #3
Mark Yeager
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Default Re: NHRA racers and IRS

This is comical, We fill this information out every time single time we enter a national event, when we drive in the gate at divisionals, and they still ask us for a copy before they will pay us. Then, the contingency companies ask for the same information. You'd think NHRA could figure out a way to streamline this process.....
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Old 01-14-2025, 06:36 PM   #4
David Gonzales
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Default Re: NHRA racers and IRS

Quote:
Originally Posted by Mark Yeager View Post
This is comical, We fill this information out every time single time we enter a national event, when we drive in the gate at divisionals, and they still ask us for a copy before they will pay us. Then, the contingency companies ask for the same information. You'd think NHRA could figure out a way to streamline this process.....
Since when do they make anything easier.
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Old 01-14-2025, 08:21 PM   #5
Mike Gray
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Default Re: NHRA racers and IRS

Anyone that pays you for just about anything needs a w9 filled out. It's standard for all businesses. For businesses it's a TIN number for an individual it's your SS number. Nothing that NHRA has any control over. Just fill out a w9 with signature blank and make copies to sign each time it's needed. (An original signed copy is what they want each time)
All those new IRS agents they hired need something to do.
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Last edited by Mike Gray; 01-14-2025 at 08:29 PM.
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Old 01-14-2025, 08:40 PM   #6
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Default Re: NHRA racers and IRS

What happens to the withheld money?
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Old 01-15-2025, 03:37 AM   #7
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Default Re: NHRA racers and IRS

Quote:
Originally Posted by Mark Yeager View Post
This is comical, We fill this information out every time single time we enter a national event, when we drive in the gate at divisionals, and they still ask us for a copy before they will pay us. Then, the contingency companies ask for the
Same information. You'd think NHRA could figure out a way to streamline this
process.....
The data is already there on our NHRA Lic. App., but it is not the required IRS I-9 form format. But yes we also provide it to every track and NHRA to get paid "if and when we win money, and before they cut checks".
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