W 9 Form 2024 Pdf. If the contractor is not exempt from backup withholding, the business must withhold income tax from their contractor’s pay at a rate of 28 percent and send. If you are an independent contractor, you must report your name, provide your social security number, and verify whether you are exempt from backup withholding taxes.
If you are an independent contractor, you must report your name, provide your social security number, and verify whether you are exempt from backup withholding taxes. If the contractor is not exempt from backup withholding, the business must withhold income tax from their contractor’s pay at a rate of 28 percent and send.