If I'm filing a 1099 at the end of the year am I an employee or a sub-contractor? In the H.V.A.C field?
86339
1099-G would mean that you are a contractor. This makes you responsible for the taxes and fees as none were held for you.
66490
You should recieve a 1099G in the mail. Just like a W-2
988724
From the little bit of information you've provided, it is your personal income and you should pay taxes on it. \n\nAdditionally, if the supplier is going to issue a 1099, that would be because you are not a business. A 1099 would normally only be issued to an individual, or because a company does not provide appropriate Federal Tax ID information.\n\nBut to answer your question, about the only way to get the money out of the "business" without having to pay taxes on it would be as a re-payment of monies that you've loaned the "business"
458167
There are two main forms contractors work for. W2 and 1099. If you work W2 then the employer is liable for employment taxes, Which includes matching Social security as well as unemployment and a host of other taxes. W2 workers have to have federal and state taxes deducted from them. W2 workers also get benifits like insurance. \n\n1099 Vendors are paid a flat rate and handle their own taxes. It may be an individual or a collective group of individuals. Nothing is deducted as the vendor will handle taxes, provide benifits and otherwise deal with Gov red tape.
729602
call the IRS, but i think it is 1099
729962
You will get it in January. That's when all tax forms are mailed out - 1099, W2, etc. You usually get them at the end of January.
445375
Ugh, you need to file your taxes if you make more than $400 as an IC and I believe $700 as an employee. Not everyone has to file taxes.\n\nDON'T listen to ALMOST ALIVE. The IRS's site and other documents clearly state that independent contractors have to file if they make OVER $400. I'm sure he'll get caught soon. ALMOST ALIVE, aside from the taxes that you owe, just imagine how much in penalties you will have to pay-up to 25%. And, the IRS calculates interest on a daily compounded basis at a minimum of 7%. They have up to 10 years to collect for each tax year.
157071
You will have a hard time with the IRS come tax time with 1099 workers. Do they work with other firms? Do you set their hours? Are you in control of thier working conditions. Do they supply their own equippment or work solely with yours. The wrong answer to these questions will raise red flags at the IRS. If your 1099 workers don't pay their taxes you'll have hell to pay. You need workers comp.
222140
The company who issued you the 1099 has to issue government versions of that 1099 to the IRS by February 28th. The best thing for you to do is what you did. If they gave you that 1099, you can bet they sent it in to the IRS as well, which means if you don't claim that on your income tax return, the IRS will catch it and you'll be up {you-know-what} creek. Who knows why it's taking so long for your return to be processed. Depending on when you filed it, they could just be really backed up. I filed mine really early and it still took several weeks. Hope that helps!
283742
Depends on your circumstance.  Please read the link below to see how you apply to the 1099 and whether or not you need to file.
258406
You report all the 1099's. You only need 1 schedule C if you only had 1 business. The 1099's get added up and go in income. If you have tax software you just enter in the 1099's and the program will transfer the income. If you have other income that you did not get a 1099 for you will have to add that amount. Be sure to take every thing that you use for that business on the schedule C. Take some time to think so you don't miss anything. I'll keep watching if you have more ?'s
347228
If you are considered Self-employed, i.e. your employer condisders you an independent contractor and does not withhold taxes, you must make estimated tax payments quarterly on form 1040ES.  When filing taxes annually, you must include the Form 1040SE, which is your self-employment tax.  When you are employed by someone who with holds tax, that employer pays half of your fica tax.  Now that you are an independent contractor you must pay the full 15% Fica tax.  (you are able to deduct half of the Self-employment (FICA) tax towards your adjusted gross income thus reducing your tax liability.)
228298
If you get pd on a 1099 you pay your own federal tax and self employment tax. If I were you I would think of the deductions you would be able to take. If there is not a bunch than I would get paid on a w2. I have done may peoples taxes that have not owed a tax but have had to pay in the self employment tax ( social security 6.2% and medicare 1.45% tax. It can really hurt you
202584
None. If you are an independent contractor, you should provide the contract for the other party to sign if they want your services. This contract should stipulate what services are being provided and the schedule of payment to you. When February rolls around the next year, the other party provides you with a 1099 form as a statement of what you were paid so that you can report the earnings to your accountant. If the amount of money was less than $500, then the other party does not have to provide a 1099. As an independent contractor, you are responsible for your expenses, which are a business deduction. Keep records diligently!
402806
These look like dice.com monikers.\n\nCON_CORP means that you are a self-employed contractor set up as an S-Corporation for tax purposes.  They pay you on an arrangement that is called "Corp-to-Corp".  The corporate directors (which would probably be you) are responsible for paying all taxes.\n\nCON_IND means that you are a self-employed contractor.  The company (or contracting agency) will pay you and report the payments on a 1099-MISC form to the IRS.  You are responsible for making quarterly tax payments to the IRS.\n\nBe aware that under either of these situations, you may be subject to higher taxes, called self-employment tax, which is both employee and employer parts of social security and medicare tax.  The self-employment tax was 15.3% in 2005.
973151
For tax reporting purposes this can be a large number of things.  Comission, rents, subcontract work.  If you earn this type of income you will most likely have to submit a 1099 and pay your own taxes on it at the end of the year as the payer will not deduct taxes from it.  For more info, check out the IRS site and look at info on Form 1099 or information returns.
288275
The have to send them out by Jan 31st. They should have them to you by then corporate taxes are to be filed by March 15 so if they do their taxes on time you know they can have your 1099 to you before April