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What tax rate for 1099 MISC?

Updated: 9/21/2023
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12y ago

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Tax rate is a function of personal situation, not a function of whether or not the income is reported on 1099 MISC. Of course, on 1099 income, you also may need to pay self-employment tax, but you should consult a tax adviser on that. And, also, since most 1099 income is not withheld income, there is the risk of an underpayment penalty.

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Where do you file 1099 misc copy 1 for GA?

To the Georgia state tax department if it is necessary to file the 1099-MISC copy 1 to the state tax department.


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If you have to send the copy 1 of the 1099-MISC to MA. it have to be to the Ma. state tax department.


When will I receive my 1099-MISC?

You do not receive a 1099-MISC. It is a tax form that you must fill out and return to list all miscelleaneous income.


What is a 1099-misc and what is it used for?

1099-misc is a type of tax form. If you do work for a company (as a contractor or non employee) and you earn $600 or more in a year, the company must report the income to the IRS and issue you a 1099-misc. It is also used a tax form for royalties.


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You usually recieve a 1099-MISC if you are an independent contractor. If you did a side project for a check, then the company does not take out the taxes, but you have to pay the tax on the project.


What is a 1099-MISC form?

A 1099-MISC is a tax report form. You use it to declare income which did not come from being an employee. Such income can be prizes, rents, royalties etc.


What is 1099 misc form?

A 1099-MISC is a tax report form. You use it to declare income which did not come from being an employee. Such income can be prizes, rents, royalties etc.


Where do you send the 1099 Misc Copy 1 for Florida state tax department?

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Where do you send the 1099 misc copy 1 for Ohio state tax?

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Can I obtain a 1099 misc form for 2007?

Yes, you can get a 2007 1099-MISC form from the IRS. Go to their website at http://www.irs.gov/formspubs/index.html, click on 'Previous years' and then select the year you want. 1099-MISC is one of the many tax forms available there.


Where do you send the 1099 misc copy for IL state tax department?

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