Category Archives: Occupations
On the off chance that you work in security or as a prison guard or correctional officer, you will be supplied Form W-2, Wage and Tax Statement, from your employer. Payments made to you for rendering security services outside of your regular employment may be considered self-employment income and is reportable on Schedule C, Profit […]
— Read moreMaking your living in sales can mean you rely on commissions just as much as your normal wages. At tax time, you will receive a Form W-2, Wage and Tax Statement from your employer. As a salesperson, you may be classified as a statutory employee. Generally, statutory employees have Box 13 of their W-2 checked, […]
— Read moreJournalists have an important job in reporting the current events and other newsworthy stories to the public. When it comes time for taxes, it’s important for those who work as a journalist or media professional to know what to expect. You will receive a Form W-2 from your employer which will document the amount you […]
— Read moreOnce you’ve put your day job behind you, and settled into the sweet life of retirement, it doesn’t mean tax time has come to an end. Likely, you’ll receive a Form SSA 1099, Social Security Benefit Statement (or RRB – 1099 if you are in Railroad Retirement). If you have additional income, your benefits may […]
— Read moreAs a chef, you may earn income both as regular pay and tips or bonuses. The tips you report to your employer are listed in Box 1 of your Form W-2, Wage and Tax Statement. They will be added to your regular earning. Even though you don’t have to report tips totaling less than $20 […]
— Read moreAre you employed as a custodian? As well as cleaning and organizing your employer’s business, you’ll need to do the same to your expenses come tax time if you want to save the most money. Your employer will send you a Form W-2, Wage and Tax Statement, provided you work for the company and are […]
— Read moreDo you work as a manager of a business or organization, and receive income for your services? If so, you will be required to report your earnings to the IRS and likely file a tax return. You may be able to lessen the amount of taxes you have to pay at tax time by claiming […]
— Read moreAs a hair stylist, your employer is required to supply you with a Form W-2, Wage and Tax Statement. You may also receive additional income in the form of tips, which will be reported with your regular income in Box 1. You don’t have to report tips less than $20 each month to your employer, […]
— Read moreLike any other skilled tradesman, professional painters can expect to receive a Form W-2, Wage and Tax Statement from their employer. Anyone who runs their own business or does painting work on the side is considered to be self-employed, and should receive a Form 1099-MISC for any amount they received on their own. Even if […]
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