1099 vs W-2: The difference between employees and contractors
BMT Office Administration
NOVEMBER 16, 2022
This form provides calculations of the total amount paid to the employee, federal and state income tax withheld, medicare and social security taxes withheld, and allocated tips. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Copy C: Payer Copy.
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