The "employer" is not withholding tax or Social Security or Medicare--which means YOU have to pay it. When you are a W-2 employee the employer has to pay half of your Social Security and Medicare, and your half is then deducted from your wages each pay period, and shown on your W-2 in Boxes 4 and 6, Since your "employer" did not do that, YOU get stuck with paying 15.3% of your earnings for that, as well as ordinary income tax. He is either pulling a fast one on you, or he is very uneducated as to how to handle having an employee, but the impact on you is the same either way.
When you enter this into a tax software program, you are in for a nasty surprise. You are going to owe.
Please click the links already provided to you and read them carefully. You are right. You need help. And maybe a new job. it is a good thing you are finding this out now after only four months instead of a year into this job.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
