Questions about tax return?

Question

Last summer I worked for 6 months. Now is tyme to file tax. Instead of getting a w2 form like I was told. My ex boss gave me sumthing like 1040 or 1049. the paper has nothing on it except the amount of money I made from last year. Now my question is can I not file tax return since it is in that form. Because w2 the boss pays half of the tax too right? But the people from tax return told me the form that i had recieved it means that when i was getting paid by check ..my boss didnt file tax. Therefore at the end of the year..the tax return place have to the charge me more because they have to do more work since it is different from w2 form. So does anyone know if I can not file tax this yaer since my ex boss didnt file tax at that tyme

Answer 1

If the form is a 1099, it would only show what you made, since taxes wouldn't have been taken out of your pay. Yes, if it was a W-2, half of the total social security and medicare taxes would have been taken out of your pay, and your employer would have paid the other half.

Yes, you can file a tax return, and must if the amount is $400 or over which I assume it is if you worked 6 months.

It might or might not have been legal for your boss to give you a 1099 instead of a W-2, and for him to not take taxes out and pay the employer share. If you feel you met the definition of an employee, not an independent contractor, then you can request a determination from the IRS. But in the meantime, you're stuck paying the self-employment tax.

Answer 2

This sounds like a perfect case of an employer attempting to take advantage of an employee that is not familiar with tax laws. If you were hired as an employee, then he should have taken taxes out of your paycheck. If you were not an employee, it should have been made quite clear at the moment of your hiring.

However, to keep this from happening in the future, you should see the taxes coming out of your paycheck on your pay stub. Pay close attention to the money you get paid, as well as the money that is taken out for taxes. If you had noticed that no money was being taken out of your paycheck when you received the very first one, you could have consulted a tax professional at that time and received proper instruction as to how to estimate and set aside your taxes from your paychecks until they were due.

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Answer 3

I assume your boss sent you a 1099? If so, this means you worked as an independent/contractor, not as an employee.

You will need to complete form 1040 and also Schedule C to report what your boss paid you. You may also need schedule SE (self-employment tax).

Hope this helps.

You can get more info at www.irs.gov

Answer 4

You are required to file a tax return, regardless of what your ex boss did or did not do.