If you didn't make more then $400 you wouldn't have to file. If you made more did he hire you as a general contractor or was he wanting to pay you under the table. If you report the income your subject to pay 15% social security and all taxes tied to the earnings. He paid you cash to aviod paying Social security and state and federal taxes. You will be subject to pay the employer portion of the social security if you report it.
2007-04-10 04:48:45
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answer #1
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answered by todd s 2
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Either you were an employee, in which case he should have withheld tax, paid it in and issued a W2 or you were a contractor, in which case you pay the taxes (and should have filed an estimated tax if he paid enough) and issued a 1099. If he does not do either, you still must file a income tax form and you can specify that your income was calculated from check amounts and the money came from this person or business. He has a legal requirement that he has not met and you have a requirement that you must meet.
2007-04-10 03:15:41
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answer #2
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answered by Mike1942f 7
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That is completely illegal, although very common. You need to tell him you want a 1099, and that you will be filing taxes on your income generated from his business. He will most likely refuse, and if you were paid in cash you are probably out of luck. You may be able to scare him enough that he at least pays you what he owes you....
2007-04-10 03:08:24
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answer #3
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answered by shaggy_g 3
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Well, whether or not the man obeyed the law, if you fail to report your income, you'll still be subject to penalties that could cost you more than he paid you! If he didn't file his paperwork with the federal government, it's doubtful that he filed with the state or your local government, either. He's due for a rude awakening. Don't let his problem become your problem: go to your local job services office and ask how you should go about filing your returns - and tell them about your boss. Yes, that's ratting him out; that's tattling---but if you know about his illegal behavior - and it's obvious that you do --- and you do NOT turn him in --- YOU can be charged with assisting him in committing the crimes! Ya don't wanna have that happen, do you? He won't be happy, but you won't go to jail!
2007-04-10 03:10:41
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answer #4
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answered by Anonymous
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a million. you may desire to document the return. do no longer circumvent this. 2. examine your submitting status. you'll be based. If every physique can declare you based, then you certainly don't get your very own exemption. 3. often this might desire to be self employment earnings, that's concern to SE taxes at 15.3%. (yet may be ninasgramma has the perfect option information approximately clinical learn participation earnings. if so, whether you do no longer might desire to pay SE taxes and you haven't any longer have been given any federal tax or state tax due, you may desire to document the return to show your place.) 4. you pays federal tax in the adventure that your earnings is better than $5,350 (for single based) or $8,750 (single nondependent). 5. Then there may be State tax based upon your state.
2016-10-21 12:40:42
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answer #5
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answered by Anonymous
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Yes, actually you not only CAN but are required to. Use a schedule C or C-EZ, plus a schedule SE to calculate self-employment tax. The numbers from the bottom of the two schedules will transfer to your 1040.
2007-04-10 06:50:52
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answer #6
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answered by Judy 7
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hello....your employer is engaging in tax fraud....not filing taxes can lead to some serious problems....talk to a tax expert
2007-04-10 03:03:30
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answer #7
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answered by teddybears 3
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