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2. 1099 vs. W-2 Employee: What’s the Difference and What ... - AOL

   www.aol.com/finance/1099-vs-w-2-employee...

   How you're classified as an employee will affect you file your taxes. So, does that mean you're a W-2 or a 1099 employee? If you're an employee, you'll receive a W-2. And if you're an independent...

3. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

   www.aol.com/irs-1099-tax-form-explained...

   What Is a 1099 Form? A 1099 tax form is a statement generated by any entity or person — excluding your employer — that details an amount of money that you were paid. Copies of the form are ...

4. W-2 Form: What It Is and How It Works - AOL

   www.aol.com/finance/w-2-form-works-223626479.html

   The employer would have had to withhold income tax had the employee claimed an exemption from withholding on their Form W-4. ... The key difference between W-2 employees and 1099 employees is that ...

5. Tax withholding in the United States - Wikipedia

   en.wikipedia.org/wiki/Tax_withholding_in_the...

   In the US, withholding by employers of tax on wages is required by the federal, most state, and some local governments. Taxes withheld include federal income tax, [3] Social Security and Medicare taxes, [4] state income tax, and certain other levies by a few states. Income tax withheld on wages is based on the amount of wages less an amount for ...

6. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   The Form W-4 is used by employers to determine the amount of tax withholding to deduct from employees' wages. The form is not mailed to the IRS but retained by the employer. Tax withholdings depend on employee's personal situation and ideally should be equal to the annual tax due on the Form 1040.

7. Misclassification of employees as independent contractors

   en.wikipedia.org/wiki/Misclassification_of...

   Employers must report the incomes of employees and independent contractors using the IRS forms W-2 and 1099, respectively. Employers pay various taxes (i.e. Social Security and Medicare taxes, unemployment taxes, etc.) on the wages of a worker that is classified as an employee. These taxes are generally not paid by the employer on the ...