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-   -   1099-Misc Tax Help... PLZ (https://www.classadrivers.com/forum/owner-operators-forums/30880-1099-misc-tax-help-plz.html)

RostyC 11-24-2007 01:23 AM

GMAN, if you're incorporated you shouldn't be getting any 1099's. My accountant used to stress that to me. I had one company that 1099ed me every year even though I'd tell them not to, and he (my accountant) couldn't stand that.

Of coarse you should ask your own accountant. 8)

GMAN 11-24-2007 03:05 AM

You are right about companies 1099ing me with a corporation. I still have several companies who continue to send them. I suppose is easier to send them to everyone rather than trying to decide who is incorporated and who isn't. :?

Red Clay Rambler 11-24-2007 11:05 AM

Quote:

Originally Posted by GMAN
I spoke with the IRS myself about this a couple of years ago. According to what I was told, it doesn't have anything to do with whether the driver owns the equipment. It has to do with control. If the driver can decide where, when and how he does his job, what loads he takes, then he can be considered an independent contractor because he has control. If the driver is under forced dispatch and doesn't have any control over where or when he does his job, then he is considered an employee. If you stop to think about it, that makes sense. I don't think this guy really cares. He just wants to make sure how to file his taxes. I don't think he is seeking someone to inform the Gestapo (IRS). Perhaps this is the main reason so many carriers encourage the fleece purchase deals. :?

Isn't that the main reason for the recent complaints from Fedex contractors? I think there have even been suits filed over it?

GMAN 11-24-2007 12:58 PM

I think you are right, Red Clay Rambler. I don't recall the specifics, but believe there was a lawsuit involved.

no_worries 11-24-2007 11:24 PM

Fedex has lost most, if not all, of those suits. Even though I disagree with GMAN's assessment of this issue, the Fedex cases aren't really the same. Those contractors (or should I say drivers) were totally micromanaged; very little control over their operation. Not the same situation GMAN describes. There are actually some things in the works in Congress right now that could clear things up :wink:

As usual, I wouldn't suggest treating drivers as contractors.

GMAN 11-25-2007 03:06 AM

It would be so much better if everyone had to sit down and write a check for all of their taxes every time we got paid. Do I hear REVOLUTION??? Or perhaps TAX REVOLT???!!! :shock:


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