Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A question on the 1099-MISC - Brad and I owe tax as contractors since July 2019, and we have begun paying ourselves as employees since

A question on the 1099-MISC - Brad and I owe tax as contractors since July 2019, and we have begun paying ourselves as employees since July 2020.

A. Do we need to send ourselves 4 1099s (4 quarters of taxes)

B. Just a single one?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law, Business And Society

Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker

12th Edition

1259721884, 978-1259721885

More Books

Students also viewed these Accounting questions