W 9 Form 2024 Instructions. This form must be filled out in order to receive payment from companies that you do business with. This form is essential for reporting to the irs and ensuring compliance with all tax regulations.
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. Request for taxpayer identification number and certification is a simple tax form used for providing a requester with the correct taxpayer identification number.