tax penalty . . . . sm

Posted By: maam1 on 2007-08-14
In Reply to: Thank you! - midrat

The state 9NE) I live in has a HUGE penalty for IC status. Make sure you check into this to cover yourself. I am fortunate my husband has SO MUCH taxes pulled out that we cancel each other out at tax season, otherwise it would hurt a LOT.

Complete Discussion Below:

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IC status versus employee - midrat
- what i did - sm
  - Thank you! - midrat
    - tax penalty . . . . sm - maam1
- It is hard to just compare wages....sm - Cee
- I think you figure 30% should be untouched to pay your taxes. - But someone else needs to confirm this. NM
  - What about deductions? - Sandy Jay

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