Discussion:1099-misc sch c vs 1040
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Discussion Forum Index --> Consumer Questions --> 1099-misc sch c vs 1040
Liltaxlady (talk|edits) said: | 18 November 2009 |
| I have several clients who received 1099-misc rather than a w2. On the software that I use I have teh option to link to the 1040, schedule c, schedule e, schedule f or 4835. I would assume that since this is from an actual employer that it would be reported on 1040 rather than a sch c becuase they are not the actual owner of the company correct? | |
| 18 November 2009 | |
| no, what you are trying to determine is whether they are an employee or an independent contractor/in their own business. | |
Liltaxlady (talk|edits) said: | 18 November 2009 |
| I guess a better question is where should I link the w2. Lets say for instance an employment agency gives a person a 1099 for a temp job rather than a w2 would I just linkit to a 1040 or a sch c? | |
Laketahoecpa (talk|edits) said: | 18 November 2009 |
| You will link it to the Schedule C. | |
Liltaxlady (talk|edits) said: | 18 November 2009 |
| why cant i link it to the 1040 line 7? | |
| 18 November 2009 | |
| To link it to line 7, Form 8919 has to be required. Not sure if this case follows those conditions.
taxbilly | |
Liltaxlady (talk|edits) said: | 18 November 2009 |
| ok if the person receives a 1099 as a nanny is a 8919 needed? | |
| 18 November 2009 | |
| You need to review the difference between being an employee and being in business for yourself (self-employment). I'd suggest reading Pub 17 and Pub 334.
Or you could take a basic tax course, like H&R Block provides. Your questions imply that this is all new for you, yet these are basic tax questions that a preparer should be familiar with. | |
Liltaxlady (talk|edits) said: | 18 November 2009 |
| ok line 7 states "non-employee comp"... meaning they are NOT an employee. what ahould be done? | |
| 18 November 2009 | |
| take a tax course or read Pub 17 and Pub 334, like I already wrote. | |
Liltaxlady (talk|edits) said: | 18 November 2009 |
| ok thanks the 1099 misc can be reported on 104 as long as you use 8919 form thanks taxbilly!!! | |
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