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 Consumers Compensating Use Tax Fill Out and Sign 2021-2024

Ct10u Compensating Download 2021-2024 Form

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Video instructions and help with filling out and completing Consumers Compensating Use Tax Fill Out And Sign Form

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Instructions and help about ct10u

we'll be going over IRS form 1099- NEC non-employee compensation so uh more and more people that are used to a W2 Arrangement uh for employees are finding themselves being paid as uh individual contractors considered to be selfemployed individuals and uh receiving their pay or their income statements in the form of uh IRS form 1099 NEC when they might have uh otherwise expected a form debut to so in this video we're going to walk through this tax form so you can understand uh what it is that it's telling you and how you can report it on your tax return so on the left hand side uh is the information for the payer a payer could be someone that was your employer you could have done some part-time cont contract work for that person uh but the general requirement is a uh they paid you over $600 in the given tax year for goods and services that you provided B uh they sold you uh $5,000 or more of consumer products for you to resell uh so I don't know $5,000 wo

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