2007-04-12 11:40:50 · 6 answers · asked by the kid 2 in Business & Finance ➔ Taxes ➔ United States
Self employed people don't have W-2s. 1099s are only submitted with your return if they show tax withholding. Business income and expenses are reported on Schedule C. Self Employment taxes (equal to Social Security taxes) are calculated on Schedule SE.
2007-04-12 13:06:55 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
You need to be more specific. What are you doing? Generally, if people are paying you to do work and you receive more than $600 from them, they need to give you a 1099.
As far as your taxes are concerned, self-employeds usually put their activity on schedule C of their 1040.
2007-04-12 11:50:17 · answer #2 · answered by Anonymous · 1⤊ 0⤋
some times a self-employed person will get a 1099Misc, but many don't receive any type of form, they just keep up with their income. Like a doctor,, if he has his own office,, who would send him a 1099?? or an attorney??
But no W-2 forms
2007-04-12 11:46:02 · answer #3 · answered by Jo Blo 6 · 1⤊ 0⤋
Form 1099.
2007-04-12 11:43:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
if you worked for someone else they need to give you a 1099. if you work for yourself - lets say as a contractor: you file on your earnings and deductions.
2007-04-12 11:46:55 · answer #5 · answered by RayM 4 · 0⤊ 0⤋
1040 with schedule "C"...and you are suppose to pay quarterly estimated self employment taxes....
2007-04-12 12:12:00 · answer #6 · answered by KEVIN A 1 · 0⤊ 0⤋