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1099 Contractor

Discussion in 'Experienced Truckers' Advice' started by jlawson1979, Nov 8, 2015.

Page 3 of 10
  1. Dec 9, 2015 #21
    chris887

    chris887 Medium Load Member

    545
    421
    Nov 11, 2015
    chicago
    0
    You pay the exact same tax in the end
     
    chris887, Dec 9, 2015
    chris887, Dec 9, 2015
    #21
    Pintlehook Thanks this.
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  3. Dec 9, 2015 #22
    chris887

    chris887 Medium Load Member

    545
    421
    Nov 11, 2015
    chicago
    0
    The good thing about being a 1099 employee is that you get to drive a white volvo out of chicago and you dont even have to speak english.
     
    chris887, Dec 9, 2015
    chris887, Dec 9, 2015
    #22
    Dharok, 12 ga, sshewins and 1 other person Thank this.
  4. Dec 9, 2015 #23
    ZVar

    ZVar Road Train Member

    10,911
    23,827
    Sep 10, 2010
    Flint, MI
    0
    Actually Chris, he pays more in taxes, as he has to pay the employer share of SSI (and workman's comp, and others)

    -Steven
     
    ZVar, Dec 9, 2015
    ZVar, Dec 9, 2015
    #23
    chris887 Thanks this.
  5. Dec 10, 2015 #24
    chris887

    chris887 Medium Load Member

    545
    421
    Nov 11, 2015
    chicago
    0
    Good point, I didnt think about that
     
    chris887, Dec 10, 2015
    chris887, Dec 10, 2015
    #24
  7. Dec 13, 2015 #25
    madman76

    madman76 Light Load Member

    82
    43
    Nov 4, 2010
    il
    0
    My boss might pay more i dont have to pay nothing
     
    madman76, Dec 13, 2015
    madman76, Dec 13, 2015
    #25
  8. Dec 13, 2015 #26
    ChaoSS

    ChaoSS Road Train Member

    3,338
    6,757
    Sep 20, 2014
    0
    I hope you have some astroglide, because the day the IRS comes a knockin, they will not be bringing their own, and you will be needing some.
     
    ChaoSS, Dec 13, 2015
    ChaoSS, Dec 13, 2015
    #26
    chris887 Thanks this.
  9. Dec 13, 2015 #27
    chris887

    chris887 Medium Load Member

    545
    421
    Nov 11, 2015
    chicago
    0
    Your kidding right? Dont you file your taxes every year?
     
    chris887, Dec 13, 2015
    chris887, Dec 13, 2015
    #27
    roadmap65 Thanks this.
  10. Dec 13, 2015 #28
    madman76

    madman76 Light Load Member

    82
    43
    Nov 4, 2010
    il
    0
    Yes i file my taxs every year and get a return
     
    madman76, Dec 13, 2015
    madman76, Dec 13, 2015
    #28
  11. Dec 13, 2015 #29
    HalpinUout

    HalpinUout Road Train Member

    7,074
    18,165
    Oct 2, 2011
    0
    Who do you work for?
     
    HalpinUout, Dec 13, 2015
    HalpinUout, Dec 13, 2015
    #29
  12. Dec 13, 2015 #30
    chris887

    chris887 Medium Load Member

    545
    421
    Nov 11, 2015
    chicago
    0
    If you are a 1099 contractor and get a tax return, something is wrong. You are supposed to pay tax on all the 1099 income
     
    chris887, Dec 13, 2015
    chris887, Dec 13, 2015
    #30
    HalpinUout and jlawson1979 Thank this.
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