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发帖数: 44 | 1 去年买了rental house,花了好多钱装修.现在用turbotax保税,不清楚怎么claim cost.
turbotax问是否花了>600$,如果是,填1099misc.又问是否给contractor提供了1099misc
.我们完全没有idea.找的都是老中劳模等等,除了receipt,没有任何别的东西.请问,我
们是不是填yes for "i paid work requires form 1099", and no for "i did not
issue 1099"?
如果这么填,有没有问题?是不是这样要求我们的contractor必须报税声明这个收入?如
果他们不声明呢?会不会有问题?如果有问题,是他们的,还是我们的?
下面是turbotax的解释.谢谢!
Commissions and Fees
If you pay someone commissions or fees of $600 or more during the year, you
must complete a Form 1099-MISC at the end of the year showing the amount you
paid them. (There are some circumstances where you need to complete a Form
1099-MISC even if you did not pay $600). You can request this form and
instructions from the IRS.
If you hire independent contractors to whom you issue Form 1099-MISC, make
sure they are really independent contractors, and not employees. The IRS
keeps an eye out for businesses that try to avoid payroll taxes by
classifying workers as independent contractors instead of employees:
-The IRS has a special audit team for businesses that file Form 1099-MISC.
Review the characteristics of independent contractors to be sure you are
properly classifying your workers.
-The distinction between independent contractors and employees is crucial
since payroll taxes and penalties can be substantial. The IRS has 10 years
to legally collect back payroll taxes. Bankruptcy does not discharge this
liability.
The potential debt arising from payroll taxes is:
--all income tax that should have been withheld from employees' wages
--employees' share of FICA (7.65% of wages, 5.65% for 2012)
--interest and penalties up to the amount of taxes you should have
withheld
--FUTA (unemployment) taxes
You could owe back taxes, penalties and interest to your state as well.
Do not include fees you paid to the government; include those with business
and license fees on Schedule C. |
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