11-14-2012, 08:36 PM
Join Date: Feb 2005
Location: new york city.
My Ride: metro.
yeah as a recipient of a 1099, my best year to date, i paid $3,500 in federal income taxes and no ca state taxes. 1099 is awesome.
Originally Posted by XKxRome0ox
doesn't mention OT, would most likely just be a 40 hour/week gig
with OT it would be a nice deal
3 locations in LA county
6 months estimated length of project
i filed taxes with a W2 for regular job + 1099 or whatever as an independent contractor for the first time this year... i had nothing taken out of the paycheck for taxes from the contract job
so at first i was freaking out because i owed so much
then i was able to deduct so much that it ended up being totally fine
next year's filing is going to be a pain in the ass ... i have like 4 W2's and a 1099 for this year
2005 Imola Red 330Ci ZHP- SOLD
2006 Sebring Silver S2000- SOLD :(
2007 Silver Gray M Coupe- SOLD :'(