When you contract a sole proprietor for services, the Internal Revenue Service requires you to issue a 1099 to the worker when you pay him more than $600 during the year. For most payments, you’ll use Form 1099
First I added them as a Contractor with their name, business name, rate that I pay them, Rate that I charge clients, and put them in the category contract Labor as a Vendor. Hope that makes sense. I actually did this by filling out an in...
Intuit Less - I understand filling in the Timesheet, but how do I then get the Timesheet to integrate into a check? This is for a 1099 Contractor. Thanks. Cheer Reply Not applicable October 15, 2018 07:09 PM Can this be done i...
Intuit Less - I understand filling in the Timesheet, but how do I then get the Timesheet to integrate into a check? This is for a 1099 Contractor. Thanks. Cheer Reply Not applicable October 15, 2018 07:09 PM Can this be done in...
Intuit Less - I understand filling in the Timesheet, but how do I then get the Timesheet to integrate into a check? This is for a 1099 Contractor. Thanks. Cheer Reply Not applicable October 15, 2018 07:09 PM Can this be done i...
What is a tax refund? If you earn income from an employer, money is taken out of your paycheck for federal taxes (among other things) each pay period. If you’re an independent contractor or are self-employed, you’ll likely make quarterly tax payments. These periodic tax assessments are...