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I worked as a contractor in 1099 for years. It was exactly the same as W2, except I had to pay estimated taxes 4 times a year. I didn't get to choose hours, dir
by bufferoverflow 6y ago
I worked as a contractor in 1099 for years. It was exactly the same as W2, except I had to pay estimated taxes 4 times a year. I didn't get to choose hours, direction, who to work with.
I think you're confusing it with personal projects.
- balls187 6y ago> I didn't get to choose hours, direction, who to work with. There is nuance in that statement. The IRS has a test for whether a person is an employee or a contractor. https://www.irs.gov/newsroom/understanding-employee-vs-contractor-designation https://www.irs.gov/newsroom/understanding-employee-vs-contr...