Grr Tax Question...
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- atomica
So I just talked to my CPA and she tells me a company I billed for marked the income on the W2 as 'non-employee' and last year they marked it as 'other income', now she's telling me this way they're going to tax me as self-employed and that will initially make me pay 50% off the bat on that. : So now I'm confused... I want to be legit with it as much as I can. And I'm not solely self employed. I work fulltime at a print firm and then freelance about $3,000 - $5,000 a year.... argh. Well she told me to talk to the companies accountant and see if she can redo the W2 to be 'other income' what do you think???? tia.
- ikbenvanrijn0
maybe next time dont claim it :o)
you might have a hard time getting the companies to redo their w2 though
- ldww0
yea good luck. this year the accountact "accidently" switched me to be a contract worker for 3 pay periods, so no taxes were taken out of them. i ended up having to pay self employment tax on that crap.
not to mention some crap about the tax tables changing so even thou i had the most taken out of each check i owed alot.