1099?

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Sparque said:
~ some pretty good pay for the area. (at least what I have seen)

You just need to remember that you will owe Uncle Sam, and Little Brother (State) well over half - 3/4's of it.... $30 an hour can mean $10 an hour after you get done paying the taxes that he would have paid. As an "employee" - you never even notice it.... And it doesnt show up on your paystub either...
 
e57 said:
You just need to remember that you will owe Uncle Sam, and Little Brother (State) well over half - 3/4's of it.... $30 an hour can mean $10 an hour after you get done paying the taxes that he would have paid. As an "employee" - you never even notice it.... And it doesnt show up on your paystub either...

That's a bit of an overstatement. FIT on $30 / hr should be in the $6 / hr range (depending on ones exact circumstances) and FICA is about $4.50 / hr. Unless WA has hella state income tax, you're not going to get to the rest of the $12 / hr.

The URL someone else posted won't tell you the answer to the question "Am I an employee?" because it doesn't reference any of the tax code.

What determines if you are a statory employee or not is your relationship to the business, how you take work directions, who provides training, materials, supplies, etc. and how many other clients you have. For example, ignoring any laws about being a "subcontractor", if you were a "free lance" electrician, working for a half dozen ECs, and you could come and go as work was available, you provided your own tools, and you only had to attend meetings and/or trainings associated with each specific piece of work, you could be a 1099 employee (vendor, whatever -- pick a word). But if you are barred from working for anyone else, have to attend company meetings unrelated to the specific tasks you are performing, are directly supervised and personnel-managed (meaning, you have those delightful meetings with a manager who tells you how great you are or how badly you stink ...) by a regular manager, and are provided all your tools, truck, etc. by the company, you almost certainly cannot be a 1099 employee.

The appropriate IRS guidelines can be found here -- http://www.irs.gov/businesses/small/article/0,,id=99921,00.html
 
Tallgirl, you would be liable for both portions of Social Security, and Medicare, (Normally employees only pay 1/2 of it.) and Unemployment. And not sure of WA taxes...

But you're right it was over stated - just get so wound up after looking at my own paystubs and see the many thousands they get.:mad:
 
Before I incorporated, I figured 30% of gross went to pay SS, State, and Fed taxes. I do not know Washington law but here you need a Contractors Licencse (Masters), and liability insurance before working as a sub. The last few years added a sales tax issue.

Did not even know this type "employment" existed. What a sheltered life I have led.
 
e57 said:
Tallgirl, you would be liable for both portions of Social Security, and Medicare, (Normally employees only pay 1/2 of it.) and Unemployment. And not sure of WA taxes...

Correct -- and I included that in the FICA amount. 15.whatever percent of $30 is about $4.50 per hour.

There are advantages of being a 1099 worker. One is that you can deduct all sorts of expenses from your tax return that wouldn't otherwise be available to you.

But you're right it was over stated - just get so wound up after looking at my own paystubs and see the many thousands they get.:mad:

Ah, lemme guess -- you pay child support, too?

I've been told that if I get arrested on a felony I can sit for the Jouneyman's test next week on account of I already pay child support. Anyone have a code reference for that?
 
Its obvious to me that your not a contractor. If you are than your liable for all problems that may occur (injuries, property damage, death). So that means you have your own liability insurance, disablility, life insurance. Right? Of course you dont because your not a contractor. Tell them that they need to fill out form SS8 form the IRS to determine if the people that does work for them are employees or subs. There are major penalties if they are treating employees like subs. Not for you but for them. Questions that are on the form SS-8 are: Who provides the tools - Who controls the hours worked - How is the person paid ( hourly, by the job, etc.). Basically it gets them out of witholding your taxes and being liable for your screw ups. Go work for a real company, IMHO.
 
Sparque did say he is in Seattle. I'm also in Seattle and to act as a sub / contractor he would need to have passed they administrators test.
 
tallgirl said:
Ah, lemme guess -- you pay child support, too?

I've been told that if I get arrested on a felony I can sit for the Jouneyman's test next week on account of I already pay child support. Anyone have a code reference for that?

Me - no children as of yet! Happily married to first and only wife... Bitter about taxes just as much as she is. From property to payrole taxes between the two of us is the salery of a goverment employee.

California will is the same way - look at contractors as a bastion of thieves and thugs - I think they finger-print now, and down the line might be looking into DNA profiling - not unlike the prison population....
 
tallgirl said:
I've been told that if I get arrested on a felony I can sit for the Jouneyman's test next week on account of I already pay child support. Anyone have a code reference for that?

I wouldn't say it's not true but I have never herd of it. In Georgia they can take your license if you don't pay your child support and any violations other than minor traffic must be reported to the state board. I don't think that commiting a felony would improve anyone's chances of becoming an EC or keeping their license.
 
growler said:
I wouldn't say it's not true but I have never herd of it. In Georgia they can take your license if you don't pay your child support and any violations other than minor traffic must be reported to the state board. I don't think that commiting a felony would improve anyone's chances of becoming an EC or keeping their license.

Aaah yes, it's kind of like gun control with the government...they don't care about the gun, just control!

My opinion of good gun control? Outshooting Jack Bauer at the range.

This is Jack...

http://www.notrly.com/jackbauer/index.php?topthirty
 
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