i worked fulltime for one company in the last year where I received payment via checks but was not considered an employee of the company, enjoyed no benefits and wasn't even listed with the company's payroll.Under what status do I file my taxes? Employee/Free Lancer? Are free lancers considered self employed?
2007-01-19 01:56:50 · 6 answers · asked by tenzin 1 in Business & Finance ➔ Taxes ➔ United States
You should receive a 1099 Misc for this income from which you will file a Schedule C as self employed. You "filing status" is determined by your marital status and dependents but that does not seem to be your real question.
2007-01-19 02:03:20 · answer #1 · answered by ? 6 · 1⤊ 0⤋
If they did not withhold any taxes from your pay then you are considered a free lancer, or self-employed (which are the same). You will report your income on a Schedule C filed with your 1040.
2007-01-19 02:00:10 · answer #2 · answered by strawberrycrush 4 · 1⤊ 0⤋
This actually seems like income earned as a contractor, and contractors are technically considered self employed.
As mentioned before, you should receive a 1099 instead of a W-2, and it should be reported on Schedule C.
2007-01-19 02:09:19 · answer #3 · answered by M O 6 · 0⤊ 0⤋
if you received checks and no taxes were withheld , you were considered a freelance/contractor. you are responsible for paying the payroll taxes on this income. you'd file a schedule C on your 1040 to report this income. you may also deduct any out-of-pocket expenses you incurred relating to this job.
2007-01-19 02:01:32 · answer #4 · answered by tma 6 · 1⤊ 0⤋
Your filing STATUS doesn't change depending on where your income came from - it's still single, married filing joint, head of household, etc.
As to how you treat the income, the other responders have answered that.
2007-01-19 04:18:14 · answer #5 · answered by Judy 7 · 0⤊ 0⤋
They don't except retarded morons, but it's worth a try I guess.
2007-01-19 02:36:00 · answer #6 · answered by Anonymous · 0⤊ 1⤋