FGM
Returning Member

Self employed

I was paid that way over a series of projects across the year & didn't realize the impact of it until I did my taxes this year & noted the QBI deduction which was only applied to my 1099-income.  The client that gave me the W2 stated, for their accounting purposes, it was simpler for them & better for me, if they applied standard payroll procedures (withheld taxes) & gave me a W2.  I receive no benefits from the company & I am free to accept or decline projects.  I have no previous employment history with the company, so this isn't a case of I was employed & then went into a part-time work status.

 

There is no way to manually input the income & withholdings directly onto my forms as business income & prepayment of taxes?

Thanks

FGM