dslreports logo
site
 
    All Forums Hot Topics Gallery
spc

spacer




how-to block ads


Search Topic:
uniqs
365
share rss forum feed

Maggs
Premium
join:2002-11-29
Woodside, NY

1099s

So will you issue 1099s for the money you pay the writer? They are on the hook for the SS, Medicare, taxes, etc.
--
Hello, is anyone out there.

ssjtiamat

join:2003-12-26
Geneva, IL
Good question.

I currently write for various other sources and would be interested in the BBR offer. They say they will try to compete with the various other entities in the market but do not list their prices anywhere.. interesting.

As for 1099's, I believe up to a certain amount it is your responsibility. After that it is theirs.


jap
Premium
join:2003-08-10
038xx

1 edit
reply to Maggs
said by Maggs:

So will you issue 1099s for the money you pay the writer?

Payee is required to only if compensation exceeds $600 within the tax year. If you're paid $590 and do not receive a copy of the 1099 showing payer has reported it to the IRS then they didn't report it.

As to FICA you pay it if you're filing as self employed (not anyone's employee). Not sure how it works if it's simply additional income.