Matka Calculation Tricks PDF 2024 Form

Instructions and help about matka formula book pdf

okay so now we're looking at form 1096. so business owner uh I'm talking to you you're the filer if you honestly had like four or five contractors that you worked with during the year and all five of those contractors made over six hundred dollars from you let's say four of them made more than 601 didn't you would be filling out four forms uh someone who makes 600 or less does not get a 1099 but now if you have four of them this is where you're going to put it so you put the filer's name address the person to contract contact which is you your telephone number your email address fax number and then in box one you put your ID number or your social security number depending on what your business ID is and then number of forms so if you sent out for 1099s in line three you're gonna put four forms normally there will be no federal income tax withheld so you would put a zero in number four in number five you would add up the whatever amount of 1099s you're sending out you would add them all