Re: Get Ready for Tax Filing Season; Part 1: Reporting Employee & Contractor Wages
by PDALVA18, Window Shopper
- Created: December 27, 2010, 8:36 am
- Updated: January 31, 2011, 4:25 pm
I am a taxpreparer and I see alot of individuals come in with a Misc 1099 with box 7 nonemployee compensation marked. They are worried because they are not self-employed but because of their status as illegals they get paid cash as if they were self-employed. On my side I file them with a Sch C or C-ez but no deductions. What can I advice them or should I give them the document that allows IRS to make that determination. The problem, with that, is then the employer would be notified and they may get fired. Please advice since I get asked alot.
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