it should be the choice of the workers and employers to decide on 10-99 or W2. Either way the government is going to get the tax money, and its really non of their business on what they decide upon.
Great question, Shaun. As long as the contractor is not a US person and the services are provided outside the US, no form 1099 is required and no withholding is required. For further inquiries, the best thing would be to get in touch with the www.irs.gov/. ^Emma
TurboTax would only allow independent contractors on the tax returns for the first two years. After that, it tries to default these contractors as “employees”.
Hey there. I do have an article with some information that may help with this process. Here's the link: quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/can-you-convert-the-information-for-a-contractor-to-an-employee/00/1384630. All the best. -Kyle
If that business wants to it will cost them If that business wants to it will cost them If that business wants to it will cost them If that business wants to it will cost them
Very Important information, do i have my sub contractor fill out a 1099 before they start work or after? Do I receive their SS#, Do I receive proof of a EIN and Insurance before they start? And do I pay them immediately after they complete their job? Thank you so much!
Hi what is c2c sir and could u post a video of c2c and processing invoices of w2,1099,c2c in quickbooks and how to post timesheets in quickbooks. Ur slang and voice easily understandable to Indian ppl also thanks a lot sir.
it should be the choice of the workers and employers to decide on 10-99 or W2. Either way the government is going to get the tax money, and its really non of their business on what they decide upon.
To receive support with TurboTax, please click on the link below to get connected. th-cam.com/users/TurboTax ^Alex
great explanation and very helpful. thank you!
What do we need to consider for hiring independent contractors outside the US?
Great question, Shaun. As long as the contractor is not a US person and the services are provided outside the US, no form 1099 is required and no withholding is required.
For further inquiries, the best thing would be to get in touch with the www.irs.gov/. ^Emma
TurboTax would only allow independent contractors on the tax returns for the first two years. After that, it tries to default these contractors as “employees”.
Seriously ?? 😑 how did you get around that?
@@ReyaBachmann I have not been able to get around it. Perhaps use a different tax software?
That sucks, are you from Louisiana?
There's not a video I can find that shows how you would convert an independent contractor into an employee. Is there a way to do that?
Hey there. I do have an article with some information that may help with this process. Here's the link: quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/can-you-convert-the-information-for-a-contractor-to-an-employee/00/1384630. All the best. -Kyle
Great Video...thanks! Totally understand this now! :)
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Thanks QuickBooks for the video ❤❤❤
What happen when i just hire a person to perform weekly task or task for a set period of 3 months only per years?
If that business wants to it will cost them
If that business wants to it will cost them
If that business wants to it will cost them
If that business wants to it will cost them
Very Important information, do i have my sub contractor fill out a 1099 before they start work or after? Do I receive their SS#, Do I receive proof of a EIN and Insurance before they start? And do I pay them immediately after they complete their job? Thank you so much!
You get a W-9 before they start work.
What information or documentation need to require them if I pay an independent contractor ?
Thnk you
Nice new videos . Keep up the good work !
Hi what is c2c sir and could u post a video of c2c and processing invoices of w2,1099,c2c in quickbooks and how to post timesheets in quickbooks. Ur slang and voice easily understandable to Indian ppl also thanks a lot sir.
I need this one in Spanish!🙃
very good explanation