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> Interest of $1,500 or less The only 1099 that most people will get, even with meaningful savings, meets this description.
by amalcon 3y ago
> Interest of $1,500 or less
The only 1099 that most people will get, even with meaningful savings, meets this description.
- greyface- 3y ago"Gig work" typically results in 1099 rather than W-2 income, and is common.
- smt88 3y agoGig work is not common[1]. It just gets disproportionate attention. 1. https://www.pewresearch.org/internet/2021/12/08/the-state-of-gig-work-in-2021/ https://www.pewresearch.org/internet/2021/12/08/the-state-of...
- greyface- 3y agoYour [1] shows 4% of Americans currently engaged in gig work, and 16% of Americans having ever done gig work. What's your threshold for 'common'?
- smt88 3y agoDefinitely more than 4% at any given time. At least 20%, I'd say. In the context of the IRS providing a useful filing tool, covering 96% of Americans' income sources would be fantastic.