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I worked as a caregiver and didnt recivie any kind of tax form but they told me to file and 1099misc. What do i do? I dont have and eic #

I worked as and personal caregiver in the people's home. They told me to file and 1099misc .they didn't give me one. And I don't have and or there eic number. How do I file? I also had to feel out datasheets every month to the insurance company's they used to reimburse them 6 weeks later for the patients I cared for paid me with cash or personal check

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I worked as a caregiver and didnt recivie any kind of tax form but they told me to file and 1099misc. What do i do? I dont have and eic #

That is self employment income.

To report your self employment income you will fill out schedule C in your personal 1040 tax return and pay SE self employment Tax.  You will need to use the Online Self Employed version or any Desktop program but the Desktop Home & Business version will have the most help.

For the future, There is also QuickBooks Self Employment bundle you can check out which includes one Turbo Tax Online Self Employed  return....
http://quickbooks.intuit.com/self-employed

You need to report all your income even if you don't get a 1099Misc. You use your own records.  You are considered self employed and have to fill out a schedule C for business income.   You use your own name, address 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 it asks if you received any 1099Misc it will ask if you had any income not reported on a 1099Misc. You should be keeping your own records.  Just go through the interview and answer the questions.   Then you will enter your expenses.

Self Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment.  You pay 15.3% SE tax on 92.35% of your Net Profit greater than $400.  The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare.  So you get social security credit for it when you retire.  You do get to take off the 50% ER portion of the SE tax as an adjustment on line 27 of the 1040.  The SE tax is already included in your tax due or reduced your refund.  It is on the 1040 line 57.  The SE tax is in addition to your regular income tax on the net profit.

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

How to enter self employment income
https://ttlc.intuit.com/replies/4801198

How to enter income from Self Employment
https://ttlc.intuit.com/questions/2903027-how-do-i-report-income-from-self-employment
srigley59
New Member

I worked as a caregiver and didnt recivie any kind of tax form but they told me to file and 1099misc. What do i do? I dont have and eic #

This information for caregivers is wrong. They are not self employed when a household employee according to the IRS. <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/p926.pdf">https://www.irs.gov/pub/irs-pdf/p926.pdf</a>
srigley59
New Member

I worked as a caregiver and didnt recivie any kind of tax form but they told me to file and 1099misc. What do i do? I dont have and eic #

If you pay an employee-caregiver more than $2,000 per year as of 2017, or $2,100 or more per year starting in 2018, you have to take Social Security and Medicare taxes out of her pay. If you pay more than $1,000 in a single quarter, you also have to pay unemployment tax. You never have to withhold federal income tax, though you can if she requests it. If your "employee" is your spouse, your under-21 kid or your parent, you don't have to take out any withholding, even if you pay her for helping you. The IRS 926 publication provides further information.

If a caregiver is self-employed, he or she can deduct business expenses from his or her taxes. Self employed caregiver tax deductions can include supplies, uniforms, equipment and insurance.

When You're Not Sure

If you're not sure whether your caregiver is an employee, you can use Form SS-8 to ask the government to make the call. If the result is "employee," the IRS recommends you contact your state government. State law determines whether you have to withhold any state taxes from his pay and whether you have to take out workers' compensation insurance. The insurance covers employee injuries. Your homeowners liability policy won't protect your caregiver if he's hurt on the job.


tdang
New Member

I worked as a caregiver and didnt recivie any kind of tax form but they told me to file and 1099misc. What do i do? I dont have and eic #

They are incorrect, based on IRS Publication 926.  When someone controls your hours, where you work, and what you are supposed to do, that makes them your employer.  The IRS will not consider you a 1099 worker but rather an employee.

The families that you provided services to are responsible for paying for ALL of your payroll taxes and their share of FICA, FUTA (social security, medicare, and any other payroll liabilities).

 

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