If you get w-2 at year end, yes you pay SS and FICA tax. If the total amount you pay is over the limit, there is a line of 1040 for that. You can get it back when you file tax (or pay less in tax you owe).
If you get 1099 at year end, on tax return you should pay double amount for SS and FICA as self-employment.
回複:does part time job also need to pay tax?
所有跟帖:
• w2 or 1099? which one is better? -edge- ♂ (159 bytes) () 09/01/2009 postreply 09:25:10
• Do you not read: "If you get 1099 at year end, -jin_yin_hua- ♀ (114 bytes) () 09/01/2009 postreply 10:12:46
• I have CPA to prepare the tax return, -edge- ♂ (190 bytes) () 09/01/2009 postreply 13:44:04
• The CPA should have caught that. -aidanmom- ♀ (31 bytes) () 09/01/2009 postreply 17:59:24