Jump to content
RemedySpot.com

Taxes

Rate this topic


Guest guest

Recommended Posts

This comes up every year. Have your tutors sign a contract as independent

contractors. Send them a 1099 at the end of the year if they make over $600.

What they do with it is their business. The IRS gets a copy so they 'should'

declare it as income on their taxes and pay appropriately.

The contract wording I used went as follows:

" I agree to provide contract services to Dr. Melinda for the services

and renumberations indicated below. I understand that my relationship to Dr.

is that of an independent contractor and that Dr. does not

withhold or pay on my behalf FICA, state, or federal taxes.

Dr. is required to provide a form 1099 to all contractors who are

renumerated over $600 in a calendar year. I am responsible for reporting and

paying required taxes on all renumberation provide my by Dr. .

Contractor Name ___

Address___

Renumberation for services ____

Signature___

SSN___

Date___ "

Make sure you get a 'good' address. The tutor might not be working for you

at the end of the year and you need a place to mail the 1099. Their parents

address is good.

Melinda

Mom to Mr. and

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...