If you get 1099, you need to pay self-employment

来源: Hiccupbaby 2010-03-22 19:31:38 [] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (70 bytes)
tax, which is double the regular SS rate. There is no way around this.

所有跟帖: 

1099 is not for self-employment. -worriedmom1- 给 worriedmom1 发送悄悄话 (0 bytes) () 03/22/2010 postreply 19:32:18

Contractors get 1099s from employers. They all need -hiccupbaby- 给 hiccupbaby 发送悄悄话 (293 bytes) () 03/22/2010 postreply 19:43:20

Oh my:) how about K-1? -worriedmom1- 给 worriedmom1 发送悄悄话 (27 bytes) () 03/22/2010 postreply 19:45:48

There might be a loophole here using K-1. But if -hiccupbaby- 给 hiccupbaby 发送悄悄话 (159 bytes) () 03/22/2010 postreply 19:55:31

:) K-1 is very typical in my industry. -worriedmom1- 给 worriedmom1 发送悄悄话 (16 bytes) () 03/22/2010 postreply 19:58:02

I use K-1 too. But I dare not put my salary as zero to -hiccupbaby- 给 hiccupbaby 发送悄悄话 (67 bytes) () 03/22/2010 postreply 20:08:02

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