Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,264
Soup....
Starting to sound a bit 'off'....
Still being in a 401(k), not getting a 1099... neither of these apply to a contractor....
Only employees can be included in a 401(k)... we are talking about new contributions, not old balances left there.... that would indicate employee...
If you hire anybody who is not an employee and pay over $600, you have to send them a 1099.... that would indicate employee....
BUT, maybe they are making all employees 'owners' and it is becoming a partnership or some other kind of legal entity.... but that requires a partnership agreement.... nobody can force you into a partnership....
Starting to sound a bit 'off'....
Still being in a 401(k), not getting a 1099... neither of these apply to a contractor....
Only employees can be included in a 401(k)... we are talking about new contributions, not old balances left there.... that would indicate employee...
If you hire anybody who is not an employee and pay over $600, you have to send them a 1099.... that would indicate employee....
BUT, maybe they are making all employees 'owners' and it is becoming a partnership or some other kind of legal entity.... but that requires a partnership agreement.... nobody can force you into a partnership....