What if I worked part time for two different companies but they didn’t have me Fill out paperwork? And they both paid me through QuickBooks?

Forum|Forum|1 year ago
January 17, 2025
1 reply
0 views

One was at a laundromat. The other one was at a wedding venue where I cleaned the places on the property. I was paid through QuickBooks, but I don’t know that either employer had me fill out W-2s. It was very short lift for both. I only worked for both for maybe three months apiece as a part-time employee. But I can’t reach one of them due to the hurricane that happened here they lost the whole business and the other one I don’t know that he owns his business anymore?

Best answer by VolvoGirl

Did they take any taxes or deductions out of your pay? If you don’t get a W2 they might send you a 1099NEC. You are probably considered an independent contractor and need to fill out Schedule C for self employment.

You are the owner of your own self employment business. You are in business for yourself. Use your own info. The people or company that pays you is your customer or client. You are considered to have your own business for it. YOU are the business.

You need to fill out schedule C for self employment business income and pay self employment tax in addition to regular income tax on it. The SE tax is to pay Social Security and Medicare tax that wasn't taken out like on a W2.

You use your own name and ssn or business name and EIN if you have one. You should say you use the Cash Accounting Method and all income is at risk. After you put in your income and expenses if your net profit is $400 or more you will pay 15.3% for 2013 Self Employment tax in addition to your regular income tax. The Schedule SE will be automatically filled out for it.

You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to the Premium version.

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

Where to enter expenses

https://ttlc.intuit.com/questions/3636848-where-do-i-enter-my-self-employment-business-expenses-like-home-office-vehicle-mileage-and-supplies

Here is some IRS reading material……

IRS information on Self Employment

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center

Pulication 334, Tax Guide for Small Business

http://www.irs.gov/pub/irs-pdf/p334.pdf

Publication 535 Business Expenses

http://www.irs.gov/pub/irs-pdf/p535.pdf

Turbo Tax Self Employed Tax Hub
https://turbotax.intuit.com/personal-taxes/self-employment-taxes

Turbo Tax Self Employment info
https://turbotax.intuit.com/tax-tips/self-employment-taxes/beginners-tax-guide-for-the-self-employed...

VolvoGirlAnswer

Employee