Contractors get 1099s from employers. They all need

来源: hiccupbaby 2010-03-22 19:43:20 [] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (293 bytes)
回答: If you get 1099, you need to pay self-employmentHiccupbaby2010-03-22 19:31:38
to pay self-employment tax. The famous case is our treasurer Tim Geitherner. He did not pay self -employment tax for some consulting work his did besides his full- time job. And IRS chased him down. That backfired when last year he was nominated for Treasurer. We all remember that, don't we?

所有跟帖: 

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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