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What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax
from irs.gov
(1) are not treated as wages, (2) are not subject
to federal income tax withholding, social security,
medicare, or federal unemployment tax, and (3) are
not considered to be selfemployment income and,
therefore, are not subject to selfemployment tax.
(1) are not treated as wages, (2) are not subject
to federal income tax withholding, social security,
medicare, or federal unemployment tax, and (3) are
not considered to be selfemployment income and,
therefore, are not subject to selfemployment tax.
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June 4, 2019
11:20 AM