What is the name of your state? NY
My unmarried friend w/no dependants gets paid cash for going on tour with an entertainer/friend. He said that he did not receive a W-2 or a Form 1099 so how can he file his taxes? Is he considered an 'independent contractor'?What expenses can he deduct that are ordinary and acceptable to the IRS? If his expenses are not greater than the standard deduction, he should use Form 1040EZ, correct? He has to complete a tax return for 2003 and 2004 (no tax return was done for 2003 yet).
He wants to resolve the past tax return a.s.a.p. and also, should he pay quaterly for federal tax, social security and medicade?
Help!
My unmarried friend w/no dependants gets paid cash for going on tour with an entertainer/friend. He said that he did not receive a W-2 or a Form 1099 so how can he file his taxes? Is he considered an 'independent contractor'?What expenses can he deduct that are ordinary and acceptable to the IRS? If his expenses are not greater than the standard deduction, he should use Form 1040EZ, correct? He has to complete a tax return for 2003 and 2004 (no tax return was done for 2003 yet).
He wants to resolve the past tax return a.s.a.p. and also, should he pay quaterly for federal tax, social security and medicade?
Help!