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greentub
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I paid other contractors for my self employment business. (They're not employees, no benefits, no W2). How do I answer "did you pay anyone wages"?

 
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I paid other contractors for my self employment business. (They're not employees, no benefits, no W2). How do I answer "did you pay anyone wages"?

You would answer No to this question.  You didn’t pay them wages.

However, you will be asked if you made payments that require you to issue a Form 1099.  If you paid any of your contractors $600 or more, you are required to file Form 1099-MISC. 

For further information please go to the link below:

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-o...


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I paid other contractors for my self employment business. (They're not employees, no benefits, no W2). How do I answer "did you pay anyone wages"?

You would answer No to this question.  You didn’t pay them wages.

However, you will be asked if you made payments that require you to issue a Form 1099.  If you paid any of your contractors $600 or more, you are required to file Form 1099-MISC. 

For further information please go to the link below:

https://www.irs.gov/businesses/small-businesses-self-employed/am-i-required-to-file-a-form-1099-or-o...


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