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Working Poor

discntnt_irny_srcsm

(18,669 posts)

5. Thanks, I defer to professional advice

Reply to Travis_0004 (Reply #3)

Sun Dec 6, 2015, 12:22 PM

Dec 2015

My misconception is based on being told that business profits (such as from an S corp) only need to be filed as wages if you are paid based on hours on the client's clock at the client's location or if you bill the client based on an hourly rate.

Thanks for the correction.

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I used to be 'working poor' [View all] left-of-center2012 Dec 2015 OP

I'm still poor, but just started working again as a 1099 type, not an employee. Erich Bloodaxe BSN Dec 2015 #1

FYI discntnt_irny_srcsm Dec 2015 #2

I agree with everything but the last part Travis_0004 Dec 2015 #3

Thanks, I defer to professional advice discntnt_irny_srcsm Dec 2015 #5

I'm not the retired one here, so no, I'm not collecting SS yet. Erich Bloodaxe BSN Dec 2015 #6

Aside from the SS and medicare... discntnt_irny_srcsm Dec 2015 #7

That was the part I wasn't sure about. Erich Bloodaxe BSN Dec 2015 #8

I really don't want to give you bad advice discntnt_irny_srcsm Dec 2015 #10

You've actually been very good help. Erich Bloodaxe BSN Dec 2015 #11

You're welcome discntnt_irny_srcsm Dec 2015 #12

Welcome to the group Melurkyoulongtime Dec 2015 #4

welcome to the group w0nderer Dec 2015 #9

Thanks for the welcome left-of-center2012 Dec 2015 #13