Hello as we are reviewing our data on Peoplesoft and with the new 1099 file we want to be sure our data is aligning in the right data enry position. A few questions come up. Can someone clarify these questions.

If a sole Proprietor uses an EIN number and the first line on the W-9 has the vendor’s name, do you enter the entire name on line 1 of the withholding tab, first name first and second name second?

If a sole Proprietor uses an EIN number and the first line on the W-9 has the business name, does the business name go on line 1 of the withholding tab?