W-9 2024 . The 2024 version replaces the version that was previously published by the irs in 2018. October 2023) which was released in july and expected to become final in october 2023.
The w9 is a formal request for information about the contractors you pay, but more significantly, it is an agreement with those contractors that you won’t be withholding income tax from their pay—contractors must pay their own taxes on this income. This form must be filled out in order to receive payment from companies that you do business with.
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