Back to the same old 1099 Vs. W-2 discussion.

Discussion in 'Trucker Taxes and Truck Financing' started by Guntoter, Dec 4, 2013.

  1. Guntoter

    Guntoter Road Train Member

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    I know, its been asked a thousand times on this board, can I 1099 or do I have to be an employee? If any of you still THINK you are all knowing and its settled, fill out this form http://www.irs.gov/pub/irs-pdf/fss8.pdf and let us all know how it goes.
    Stop the internet or truckstop lawyer stuff. That form will settle this ongoing mystery once and for all. FYI, I did this four years ago and was told (with 100% black and white certainty) that I MUST W-2 my drivers.
     
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  3. CondoCruiser

    CondoCruiser The Legend

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    Thanks for the info but here's the key.


    [​IMG]
     
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  4. Guntoter

    Guntoter Road Train Member

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    Did I miss something? What is that a key to?
     
  5. Sublime

    Sublime Road Train Member

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    What do you use a key for?
     
  6. CondoCruiser

    CondoCruiser The Legend

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    To unlock a previously locked thread! :biggrin_2559::biggrin_2559:
     
    Hardlyevr, Sublime and Guntoter Thank this.
  7. GITRDUN45

    GITRDUN45 Heavy Load Member

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    Could ya'll please tell me whats good and bad and what do I have to worry about if working as 1099. I just got a call (job offer) that sounds very interesting and making me change mind about going O/O and putting that on back burner couple years. He pays 1099 and takes out 130 a month for Work Comp. I have no clue about this 1099. Please help. Thanks for your time.
     
  8. wichris

    wichris Road Train Member

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    130.00 isn't work comp. Occ insurance instead.
     
  9. GITRDUN45

    GITRDUN45 Heavy Load Member

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    What the guy told me. He said work comp. whats OCC. Is this a joke/scam or sound legit?
     
  10. wichris

    wichris Road Train Member

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    Occupational insurance. Unlike work comp it has a finite payout limit and more restrictions. Had a couple of O/O's with OOIDA occ ins. Other than paying for the medical(ins doctors 40 miles away)the lost wages were minimal payments.
     
  11. GITRDUN45

    GITRDUN45 Heavy Load Member

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    Well what can I say. He said exactly it was a deduction and ONLY deduction they take out of pay and for Work Comp. I'll speak to him again and ask.
     
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