Random Chit Chat

strollin

Knowitall!
Messages
3,565
Location
N. Calif.
The difference is that I won't receive any W2s from employers since I didn't have any employers in 2020. All of my income will be reported via 1099s and documents like that. Other than that, filing is the same.
 

Joe C

Fully Optimized
Messages
3,874
Location
Great Lakes State
1099's can hit ya....self employment tax is often more and you'll have to cough up 100% of your S.S. tax too. Of course it depends on how much your claiming in that 1099/1099's
 
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