Toddlers: 12 - 24 Months

Any CPA, tax attorneys...or anyone know taxes?

DH is an independent consultant in construction. So when he's the GC for a job, they pay him with their company checks, but he obviously doesn't get W2's from them. What do we do? He's gonna call our tax person tomorrow, but I was just wondering if anyone knew. Thanks!
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Camryn Grace ~ July 6th, 2009 ~ 7lbs 9oz, 20.5" Lilypie Third Birthday tickers image
Brayden Richard Drew ~ December 20, 2010~7lbs 9oz, 20" Lilypie Second Birthday tickers

Re: Any CPA, tax attorneys...or anyone know taxes?

  • I'm an independent contractor too. The companies that pay him should have sent him 1099's with a total amount that they paid him for the year. He will claim that on a Schedule C on his taxes. If he didn't get any 1099's from them, he might want to call and ask them about it. They have to file them some time this month. 


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  • imagemeg1974:
    I'm an independent contractor too. The companies that pay him should have sent him 1099's with a total amount that they paid him for the year. He will claim that on a Schedule C on his taxes. If he didn't get any 1099's from them, he might want to call and ask them about it. They have to file them some time this month. 

    This.  His income is subject to self employment tax and will need to obtain a 1099 and file a schedule C.  

     

  • That's exactly what I said...a 1099 and he called and asked the guy paying him and he said he had no idea, which is ridiculous!
    image
    Camryn Grace ~ July 6th, 2009 ~ 7lbs 9oz, 20.5" Lilypie Third Birthday tickers image
    Brayden Richard Drew ~ December 20, 2010~7lbs 9oz, 20" Lilypie Second Birthday tickers
  • Do you mind me asking, you dont' have to answer since it's personal...did you wind up having to pay a lot? This is the first year DH went on his own. He wasn't taxed while being paid out, so I'm sure we are gonna owe a lot. I just want to be prepared. Thanks!
    image
    Camryn Grace ~ July 6th, 2009 ~ 7lbs 9oz, 20.5" Lilypie Third Birthday tickers image
    Brayden Richard Drew ~ December 20, 2010~7lbs 9oz, 20" Lilypie Second Birthday tickers
  • Who is hiring him? If it is the construction company that is officially employing him then they should be filing the paperwork.
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