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 When emmigrating to another country do you lose your entitlement to uk state pension? |
Ive been woking for a while and have paid a fair old whack of national insurance and tax in my working life.
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 I have a tax question.......? |
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| How do i find out more about the h&r block thing where all you need is you last pay stub? |
i have check their web site and don't see any info on it.
Additional Details
i wanted to know before i leave home im an hour away from anything. and i don't want to make a trip ... |
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 What to do if I know someone cheated badly on their taxes to get a bigger return? |
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 Can a 17 year old file their own taxes even if they are someone's dependent? |
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 Employer JUST gave us the 1099 on April 3rd....can I turn him into the IRS? |
| My husband was just given his 1099, we had been asking for it since the middle of Feb. from the employer. Then when we got it there was 10K more reported than actually earn wages earned........the ... |
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 After typing in wife's W-2s, the refund amount lowered. What should I do? |
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 What is your gross yearly income, and what is your age? |
Also, are you a high school graduate, college graduate, doctor, etc.?
Additional Details
What level of education have you attained?
I am 21...high school graduate, some ... |
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| I left work due to bullying and am now on income support. I am finding it hard to make ends meet and really need to get back to work. The effects of the bullying, however, have hit me hard and i ... |
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Kimber Leigh | My husband is self-employed and "hires" a few guys to help him but he doesnt take taxes out of their checks.? |
They get a 1099 at the end of the year. Is there any paperwork or anything they need to fill out to claim responsibility for their own taxes? Or is the 1099 enough? |
 |
 
zeuz
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The 1099 is enough for them. The big concern I have for you & your husband is whether or not the people he hires are independent contractors or employees.
If they're independent contractors, then all is fine with what you've done thus far. To protect yourself farther, have each hire fill out a W-9, sign a contract stating that they are independent contractors, and most of all, make sure you always, always, always, treat them as independent contractors. (Look up the IRS definition as well as your State's Dept of Labor definition to make sure you comply with both.)
If they're not independent contractors, then you need to perform all of the compliance issues associated with having employees.
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v b
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Have your husband carefully read form SS-8 (available at IRS.GOV). Anyone of the people your husband "hires" can file and argue that he's not a contractor, but an employee. If your husband is audited and the IRS finds that these *are* employees, your husband could be asked to pay 7.65% of the amount he paid them PLUS a 100% penalty.
No one factor is used, but paying someone hourly, only for the hours they work and providing them with equipment and materials can make your husband a defacto employer. Payroll audits happen in construction all the time. |
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Honeybee
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I agree with all of the answers. But have one additional thing to add. Your husband's biggest threat might not be IRS, but DES. If one of these workers is *fired* and files for unemployment, and can prove he has had a regular job, and is in fact an employee not an independent contractor (lots of regulations here), then DES will go after your husband for back taxes. A DES audit could convert contractors to employees for years back, and require your husband to pay all the back taxes. Plus with a DES audit, it puts you into a rotation to be audited regularly for several years, until DES is convinced you will continue to file properly. The likelihood of DES finding out is much greater than IRS, because fired workers will almost always file for unemployment, but 1099 income does not necessarily throw a red flag with the IRS. A true independent contractor knows he is not eligible for unemployment and does not file.
Here are a few guidelines:
Employee conforms to employers rules concerning number of hours to work, times to be at work, and what to do.
Contractor comes when he wants to and goes when he is finished, and completes the job independently.
Employee generally works for one employer (might be part-time and have 2 jobs)
Contractor works for many employers. Contractor advertises for jobs.
Employee works for salary or set wage.
Contractor bids for job and can turn it down if the pay isn't right.
Employee uses the employers tools, equipment, and materials.
Contractor has his own tools, equipment, and materials.
Contractor will usually have a business name, such as ABC Contractor, LLC.
Contractor will usually be registered with the Registrar of Contractors, employees will not be.
Here is a simple test. Ask the person if he considers himself to be an employee. If he thinks he is, then he probably is. An independent contractor will definitely know he is not an emlpoyee.
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kat
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When they fill out their taxes, they do need to report the income that is listed on their 1099. Your husband is responsible for giving them the 1099 before January 31 and for submitting the information to SSA before Feb 28. It is their responsibility to fill out their taxes and report the income to the IRS. Once your husband gives them the 1099 his responsibility ends. |
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Tax Lady
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The men your husband hires are independent contractors. He issues them a Form 1099, and it's up to them to pay their self-employment taxes, which include Social Security and Medicare. This is most definitely NOT your husband's responsibility. Relax. |
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Don
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Well, 1099's are for contract workers and their are strict regulations regarding whether they are employees or contract workers. It would help some if he got signed statements from each worker acknowledging that they are independent contractors and liable for paying their own taxes. He will have no problem until one of them fails to file and is audited, then the IRS could come back to your husband for all of the taxes. |
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*Cara*
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A 1099 is all you need to do. Its up to them to pay their taxes. The 1099's report what you paid to them to the government, so they know they are owed. |
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Pass It On...
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Taking taxes out of an employee's check isn't mandatory. It's up to the 'earner' to manage their own taxes. All he has to do is let the government know he paid them...and when he files 1099s on them, he's telling the government how much he paid them...it's up to them to take care of filing their own tax forms. |
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Anthony G
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1099 is all they need....but. And this is a HUGE but that you could be looking at prison time for...Your Husband MUST pay social security tax for them. This is required by law. He doesn't need to take out the taxes that his employees would have to pay but he does have to take out the federal and state taxes that are required to be paid by the employer...such as social security, SDI and so on... |
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