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GOBankingRates on MSN1099 vs. W-2 Employee: What’s the Difference and What Does It Mean for Your Taxes?How you’re classified as an employee will affect how you file your taxes. So, does that mean you’re a W-2 or a 1099 employee ...
A 1099 form is used to document income received outside of a permanent salaried job. This includes money ... 1099 will also issue a copy to the IRS. Employees receive a W-2, whereas a 1099 ...
But if you do any self-employed or freelance work, you may receive 1099 forms from each of your business clients reporting the income they paid to you. Anyone who received income from investments ...
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