Quote:
Originally posted by Norrec
lol. yeah.. 25 hours/month.
Well, the listing for the job says that its an independant contractor thing, but he told me he was just going to pay me with normal checks and stuff.
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Yeah exactly, you get paid by checks that don't take out taxes from you. Next year around February you should get a 1040 form which will indicate how much money you have made during your time of working as an independent contractor for this year. From there you will have to pay the taxes yourself by April.
What's cool about this is that you can take out a few things as expenses for example, i need to travel to work so i can take out all of the Metrocards i buy, also i put down half of my internet bill, since my job requires me to have the internet to submit a report everyday.
Basically by the end of the year try and hold some money because you will have to pay taxes.