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Author: YewGuise Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: 1099 "Misc" Question Date: 2/25/2012 1:43 PM
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I'm guessing you are not in Washington State.

Maryland.

Here people, even kids, are required to be employees or have a business license.

Wow.
In both instances here, the employers' CPAs gave them the green light to use 1099's, so I think all was OK on that end. On our end, per your previous post, the kids did submit the Sched's C and SE with their 1040's, so there was that additional expense. Not a problem for them, as the jobs were more for experience than income, but for an adult it would be a different story. Typically an adult who agrees to work as an IC also negotiates a higher hourly rate to compensate not only for having to pay both sides of SS/Medicare, but also for the lack of benefits.

We had a lady come and clean every other week.

Not sure if you mean home or office, but hiring domestic help is complicated. One reason I went with MiniMaids, or Merry Maids (or some company; I forget which because it's been awhile) to clean my house, instead of "a lady," is that the company would take care of insurance, taxes, benefits, etc; whereas with an individual all that paperwork would be my responsibility, and I wasn't interested in doing all that.
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