I am starting a job as a salesman, and the employer sent me a non official 1099 form. Is this standard?

Question

I just got a document set up on MS word, not a W2 type of form. I've never filled out a 1099 type of form, just making sure this is OK.

Answer 1

yeah a 1099 is for independent contractors. tis means you're not an employee so remember you dont hae the rights of an employee. as an independent contractor no taxes will be taken out, you are responsible for them yourself. and yes the MS Word format is fine. Just print it out and faxor turn it in or type in your info and submit

Answer 2

The recipient (you) never fills out a 1099. A 1099 is a form that is filed by the company at year end to inform you, and the IRS, how much you made. Similar to a W-2, but used for many different payments.

Are you sure it wasn't a W-9? A W-9 is filled out to inform the company of your social security number, or federal ID number and is also used if the IRS has told you that you are subject to backup withholding (which would only happen if you consistently failed to pay your income taxes).

I would guess that the company is just using their own format of a W-9. Fill it out and mark the box "exempt", unless of course the IRS has told you that you are subject to backup withholding.

It sounds to me like you are not being "hired" as any type of employee, you are being retained as an independent contractor and will be responsible for all your own taxes, including social security. The good part is that you will also be able to claim all your expenses (gas/mileage, some client meals, supplies, etc). Just make sure you use a competent tax professional to fill out your income taxes!

Answer 3

This doesn't pass the smell test. They might send a non-standard form in January to tell you what you earned but there is no reason to be sending you a 1099 now just when you are starting the job. Take a look at what you have and try your question again. It sounds more like a Form W-9 asking for your social security number.

Answer 4

I assume you mean a W-9, which is the form you fill out when you start with a company as an independent contractor where you'lll get a 1099 at the end of the year. As long as it has all the info on it, it's legal to use a form created in Word.

Answer 5

Something is NOT right.

First off, there is no Word format Form 1099. They MUST be ordered from the IRS or purchased from office supply outifts.

Secondly, a legitimate company would never send you one that way. They'd mail you the completed form after the end of the tax year showing how much money they had paid you. YOU don't fill out 1099s. The company that pays you for contracted services does.

Answer 6

I don't agree with either statement. First, Cena is the top face of WWE, he sells the most merchandise, he sells out arenas, he brings in the most money and probably makes the most money of all the WWE wrestlers, not only that, but he has a passion and love for the wrestling business, it is something he has always wanted ever since he was a child, he is living his dream, no point in giving that up. Second, that just isn't true, he has earn most fans respect, there are only a few Cena haters out there, who just hate Cena for doing his job, most fans love Cena, and the others, don't have anything against Cena personally, they respect how hard he works, and many other things about Cena, they just don't like Cena's Character. Truthfully, this is a good majority of wrestling fans that respect all wrestlers, for the bumps and risks they take just to entertain us, the fans, and, if you was a major WWE star, would you give all that up just because some one on Y!As told you to, I don't think so, and if you did, well, that wouldn't be the smartest thing to do.

Answer 7

if you are not a regular employee of the company you are working for, then you need to get Form 1099. however, if you are deducted employment taxes from your regular salary, then you should be receiving Form W-2 not 1099.

Answer 8

Be careful! A 1099 is for an independent contractor, not an employee. That means that they will not be deducting or paying any taxes on your behalf. You will be responsible for saving the money and paying the taxes yourself. You will be considered to be self-employed, which is more complex than just being an employee who gets a W-2.

Be careful with this employment arrangement.

Answer 9

The 1099 form states you are responsible for your taxes not the employer. He will send your w2 form and you fill out your taxes. He does not take taxes out, you pay them when you file. Careful, don't spent the tax money and save for them when they are due.

Answer 10

a 1099 is for contractors. it means he is not treating you as an employee, he won't take out taxes and will not be giving you benefits.