All Questions
Tagged with self-employment form-1099
13
questions
6
votes
3
answers
2k
views
Employer forgot to file 1099 for me, when do I file my taxes?
I've provided some services to USA company during 2020 as independent contractor and was waiting for a company to send the 1099-NEC form so I can file my taxes.
Now the company just told me they ...
- 161
2
votes
2
answers
132
views
What are the tax implications if I share single credit card processor between my two sole proprietorships?
Can someone who has 2 sole proprietorships share a single credit card processing device to save on processing fees? What would be proper way to file taxes in such case?
Basically, my concern is that ...
- 709
1
vote
1
answer
64
views
Got one check independent contract work that paid taxes for Medicare and SS. Should it still count as self-employment income?
I did independent contract-style work for two days last year that paid me $222.67. The check accounted deductions for Medicare and Social Security. I also made $195 from redemptions of gift cards and ...
5
votes
2
answers
2k
views
Is self-employed work performed out of state for a California organization "California source income?"
I recently received a request from the California Franchise Tax Board saying that they believe I need to file a tax return. I am a sole proprietor programmer, with a client in California who paid me ...
- 153
3
votes
4
answers
3k
views
How to calculate my estimated taxes. 1099 MISC + Self Employment
I receive a 1099-Misc each year and that's all†. I have to pay estimated taxes, but I don't know how to calculate them for myself.
This is the current estimated tax calendar
From To ...
user14071
5
votes
1
answer
219
views
How much money to put aside for taxes on earnings from side work?
I am planning to work for a fireworks distributor for 2 weeks this summer. I am going to make 15% of all sales and estimate to make $9k. How much do I need to put aside so that I don’t get KILLED in ...
- 51
6
votes
4
answers
5k
views
How to I compare pay rates for being a contractor (1099) vs. being an employee (W2)?
I have been trying to figure this out on my own but I am having some trouble.
I currently get paid as a 1099 contractor, but I am switching to w2.
My current pay rate is 60% of $185 per hour -- so ...
- 61
3
votes
3
answers
6k
views
W-4 and withholding taxes for self-employed spouse
My wife and I live in the SF bay area. My gross income is $320,000 and my wife's is $38,000. My wife is employed as a contractor though and gets a 1099 instead of W-2. No taxes are withheld from her ...
2
votes
1
answer
442
views
How much should I charge a U.S. company for IT work I'll do remotely from Canada?
I'm currently living in Canada. I have very nice job and I'm happy with it. My previous company in the U.S. contacted me and they want to hire me as a 1099 (independent contractor) working remotely.
...
- 121
0
votes
1
answer
286
views
Employer is 1099ing me for RENT for live-on-site work
We were hired by a company for a contract position. We were to receive a small wage and housing in exchange for work. We got a 1099 at the end of the year that claims that we received about $7000 ...
- 19
0
votes
1
answer
630
views
Differences in taxes paid for W2 employee vs. 1099 contractor working on sites like ODesk.com?
Currently, I make about $96000 a year as a W2 employee in the USA. Suppose I were to make the same amount through working on sites like ODesk.com at home. In other words, I would be an independent ...
- 103
16
votes
4
answers
24k
views
W2 vs 1099 Employee status
I've in the middle of an offer for employment. During negotiations, I've asked for more money due to distance involved (Further by far than I'd normally consider, but the pay raise I'd get is ...
- 912
5
votes
2
answers
5k
views
Reporting income - independent contractor, received no 1099
I have some stuff from last year that I want to report, I just don't have the information the IRS forms ask for.
I know how much I made and I know what percentage to pay taxes on, but for voluntary ...
- 20.2k