Form 1099-MISC is Miscellaneous Income. The person or business that gave you that form doesn't consider you an employee. So they didn't withhold taxes (income, social security, Medicare). They're treating you as a self-employed person, which makes you responsible not only for income taxes but also for social security and Medicare. You'll need to file Schedule C or C-EZ(Profit or Loss from Business) and Schedule SE(Self-Employment Tax) along with Form 1040.
The worst case scenario (Single filing status, only your personal exemption, no dependents, no expenses to deduct from that $7,000 income) for 2009 is that your self-employment tax is $989, and your earned income credit is $495. So you would owe $494.
Note that business sometimes treat people as self-employed when really they're employees. If you really think that you're an employee and that the business should be giving you a W-2 form and withholding taxes from your earnings, try to correct this misunderstanding with the business. If they refuse to correct it and you still feel that you're an employee, you should contact the IRS at 1-800-TAX-FORM, and they'll help you sort out your true status.
You're not the only one this has happened to. This happens often. The IRS needs to know, because the business is avoiding filing a number of forms by viewing you as self-employed.
If you haven't received the checks from an employer, contact their payroll department. If you haven't received the checks from the bank, first talk to a teller, then the bank manager. If they state checks have been sent and you haven't gotten them in 10 days, ask for a reissue of the checks (new ones).
Any taxes would have been withheld before your check was printed if you are an employee with an employer. Your employer should be able to answer your question for you.
my employer has been taking money out of are checks for are IRA and hasn"t deposit a penny for four and a half months
Banks may hold checks for a variety of reasons, though some checks may qualify for next-day availability as long as your account history is acceptable. Typical holds for local checks from other banks last up to 7 days, while typical holds for non-local checks from other banks last up to 11 days. A bank can hold a check that does not qualify for next-day availability (or if your account history warrants, even if it otherwise would) for any length of time it deems reasonable.
No not in and for the same years income tax return.
Don't worry, if the employer wins the appeal, you WILL be notified of what you have to do.
If you haven't received the checks from an employer, contact their payroll department. If you haven't received the checks from the bank, first talk to a teller, then the bank manager. If they state checks have been sent and you haven't gotten them in 10 days, ask for a reissue of the checks (new ones).
Initially, to receive benefits from unemployment you must apply and qualify for the benefits. Provided you qualify the checks will be sent to you, or you could arrange to have them directly deposited into your account.
Answer A potental employer can ask any questions they deem fit
Background checks are unregulated.
he should take it
Wisconsin does not have state mandated short term disability insurance. Benefit checks are sent by the insurance carrier that issued the policy - not your employer.
I purchased a new home in June of 2008.
You need to call his former employer or call the entity that was issuing the checks.You need to call his former employer or call the entity that was issuing the checks.You need to call his former employer or call the entity that was issuing the checks.You need to call his former employer or call the entity that was issuing the checks.
Any taxes would have been withheld before your check was printed if you are an employee with an employer. Your employer should be able to answer your question for you.
my employer has been taking money out of are checks for are IRA and hasn"t deposit a penny for four and a half months
It is the right of any employer to perform background checks on prospective employees, especially if the new employee will be handling money or be entrusted or other position at the establishment.