Tuesday, July 14, 2009

What are schedule C job?

can someone please explain to me what they are?


thanks!

What are schedule C job?
The person is an "independent contractor", not an "employee"; will have to (1) file either Schedule C or Schedule C-EZ and (2) if paid over $400, also file Schedule SE and pay a self-employement tax of 15.3% of 92.35% (which comes to roughly 14% when you do the math), in addition to regular income tax; and will not be eligible for unemployment compensation.
Reply:Work for the Barack Obama Camp.

yucca

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