Why do I have to fill out a W-9 to receive payment from a pipeline condemnation lawsuit?

Why do I have to fill out a W-9 to receive payment from a pipeline condemnation lawsuit?

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October 2018

You likely owe ordinary income taxes on the lawsuit payout and the W-9 is being used to verify your name, address, and social security number so the payee can report it to the IRS. The official document title for the W-9 is "Request for Taxpayer Identification Number and Certification". That's really the only reason you'd be required to fill one out in this scenario.