IRS Updates Form W-9 for 2024

For the first time in five years, the IRS has updated Form W-9, Request for Taxpayer Identification Number and Certification, on its website. The previous version of the form was from 2018. Changes to Form W-9 include:

• Modification of Line 3a to clarify how the line is to be completed by a disregarded entity
• New Line 3b must be completed by a flow-through entity to indicate that it has direct or indirect foreign partners, owners or beneficiaries when it provides a Form W-9 to another flow-through entity in which it has an ownership interest