A variety of 1099 ... employment income to the Internal Revenue Service (IRS). This type of income can include interest from your bank, dividends from investments, or payment for freelance or ...
Fortunately, there are plenty of tax-advantaged options available for 1099 workers. As an independent contractor ... may be reduced if they also have W-2 employment or a spouse that has access ...
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1099 vs. W-2 Employee: What’s the Difference and What Does It Mean for Your Taxes?So, does that mean you’re a W-2 or a 1099 employee? If you’re an employee, you’ll receive a W-2. And if you’re an independent contractor, you’d receive a 1099 form. Likely, you might be ...
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