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He pays in every year, and he receives 1099 misc. on all his income. He reports everything. I haven't worked for 8 yrs, and would like to work in the office and get paid from him, and at the end of the year he also gives me a 1099 misc. for income I made from him, like he gives to the others that sub-contract from our company. His biz is (Sole Proprietor)

2007-04-03 11:46:47 · 2 answers · asked by easy does it 2 in Business & Finance Taxes Other - Taxes

2 answers

Strictly speaking, if you're working in the office, you would probably be considered an employee, and should have taxes withheld and get a W-2.

But if you get a 1099-MISC showing your earnings, you'd file a schedule C or C-EZ next year to show your income and a schedule SE to calculate self-employment taxes. The numbers from the bottom of these forms would transfer to your 1040.

2007-04-03 12:06:46 · answer #1 · answered by Judy 7 · 1 0

is there a question here??
you say "I haven't worked for 8 yrs" but you say he gives you a 1099??
hummmmm

2007-04-04 08:43:56 · answer #2 · answered by Jo Blo 6 · 0 0

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