What is the name of your state (only U.S. law)? Florida
Hi, I happened upon this forum and had a question I hoped someone could answer. I am a physician working for a company, and I derive my salary from them as a certain percentage of everything that I bring in. I also work as a medical director for a different company. They issue me a monthly check as compensation for my duties, and I turn in this check to my company. As a result, the money that I receive from them already has the taxes taken out, and I do not actually see the "money" I receive from this other company.
I have filled out my taxes based on the W2 of the first company, but have just received a 1099-MISC from the second company. I do not want to be taxed twice for the same amount of money. How do I handle this problem on my tax return? Thanks!
Hi, I happened upon this forum and had a question I hoped someone could answer. I am a physician working for a company, and I derive my salary from them as a certain percentage of everything that I bring in. I also work as a medical director for a different company. They issue me a monthly check as compensation for my duties, and I turn in this check to my company. As a result, the money that I receive from them already has the taxes taken out, and I do not actually see the "money" I receive from this other company.
I have filled out my taxes based on the W2 of the first company, but have just received a 1099-MISC from the second company. I do not want to be taxed twice for the same amount of money. How do I handle this problem on my tax return? Thanks!