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My wife is a realtor and recevied a 1099 what from is used to make sure she gets credit for social security
My wife is a realtor what form do I used to make sure she gets credit for social security.
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June 6, 2019
1:53 AM
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Retirement tax questions
She will report the 1099 as self-employment income on Schedule C, and she can deduct business expenses against that income. If she has a net profit, she will pay self-employment taxes on that income, which are social security and Medicare taxes. She will then get credit for those payments.
June 6, 2019
1:53 AM