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1099 or W2 quesstion


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Posted

Pacha card vundi and what is better for payment and taxes. my employer is ready to pay on 1099 pros and cons chepandi brothers please

Posted

Form an LLC and do 1099, you can save lot of money on expenses

  • Thanks 1
Posted
Just now, AverageDesiGuy said:

Form an LLC and do 1099, you can save lot of money on expenses

without LLC can I do 1099 ? employer is giving 3 extra bucks on 1099. I don't want to start llc

Posted
2 minutes ago, VakeelSab said:

without LLC can I do 1099 ? employer is giving 3 extra bucks on 1099. I don't want to start llc

Yes you can do. But he should give more no? W2 mida benefits leva ?

Posted
1 minute ago, AverageDesiGuy said:

Yes you can do. But he should give more no? W2 mida benefits leva ?

W2 meda only insurance provided and no pto's  contracting to client. Neenu vendor ni I don't need insurance and asked for extra vaduu 1099 pay chestha annadu

Posted
Just now, VakeelSab said:

W2 meda only insurance provided and no pto's  contracting to client. Neenu vendor ni I don't need insurance and asked for extra vaduu 1099 pay chestha annadu

Got it.

Posted
2 minutes ago, AverageDesiGuy said:

Got it.

thanks bro 1099 ki extra details ivalla.  is it complicated or simple without LLC 

how is salary deposited details chepava 

Posted
2 minutes ago, VakeelSab said:

thanks bro 1099 ki extra details ivalla.  is it complicated or simple without LLC 

how is salary deposited details chepava 

Direct deposit to your bank account without any taxes , you should pay taxes when you are tax filing.

  • Upvote 1
Posted
1 minute ago, AverageDesiGuy said:

Direct deposit to your bank account without any taxes , you should pay taxes when you are tax filing.

Thanks 

Posted
48 minutes ago, VakeelSab said:

Pacha card vundi and what is better for payment and taxes. my employer is ready to pay on 1099 pros and cons chepandi brothers please

1099 unte nuvve tax lu kattukovali year end lo when you file for taxes because you wil receive all the money you earned..

W2 aithe taxes deduct ayyi nee chethiki money osthundhi...

yar end filing appudu 1099 ki koncham effort pettalsi osthadhi..

  • Thanks 1
Posted
6 minutes ago, Shameless said:

1099 unte nuvve tax lu kattukovali year end lo when you file for taxes because you wil receive all the money you earned..

W2 aithe taxes deduct ayyi nee chethiki money osthundhi...

yar end filing appudu 1099 ki koncham effort pettalsi osthadhi..

edana pros vunda with 1099 ? extra money ista antunadu 1099 aite . year end tax filing cpa ista bro

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