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  2. 1099 vs. W-2 Employee: What’s the Difference and What ... - AOL

    www.aol.com/1099-vs-w-2-employee-235407110.html

    Whenever a business or employee is unsure about proper classification, either party can prepare and submit Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and ...

  3. If You Did Gig Work in 2021, the IRS Says You Owe Taxes - AOL

    www.aol.com/did-gig-2021-irs-says-155208654.html

    If you’re unsure of your classification, you can file Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding. The IRS will review the ...

  4. Misclassification of employees as independent contractors

    en.wikipedia.org/wiki/Misclassification_of...

    IRS Form SS-8 can be filed with the IRS to request that the agency determine the classification of a worker. [ 9 ] In Australia in the 1950s, certain coal mining operations attempted to dodge mandatory pension payments for mineworkers, through contracting and sub-contracting which "made it difficult to classify the employees of contractors and ...

  5. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1] [2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00. A person with $130,000 of ...

  6. Social Security: How To Fill Out Voluntary Tax Withholding ...

    www.aol.com/social-security-fill-voluntary-tax...

    Sign and date the form, and file it with your local Social Security office. You can find a list of local offices here . A local Social Security representative can tell you when the withholding ...

  7. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    The social security system consists of four insurances, for which the contribution will be (nearly) equally shared between employer and employee (old age insurance, unemployment insurance, health insurance and nursing care insurance). Contributions are payable only on wages up to the social security threshold:

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