1099 vs W-2: The difference between employees and contractors
Business Management Daily
NOVEMBER 16, 2022
Income tax would have been withheld if the employee had claimed no more than one withholding allowance or had not claimed exemption from withholding on a Form W-4, (Employee’s Withholding Allowance Certificate). A 1099 is a form used to report non- employee compensation. What is a 1099? Prizes and awards.
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