Don't they have a form for "Income I was paid where my employer failed to give me a W-2 or 1099"?
Apparently so. It looks like a pain in the ass, though. Among other things, you have to explain what you did to obtain a W-2.
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Don't they have a form for "Income I was paid where my employer failed to give me a W-2 or 1099"?
Apparently so. It looks like a pain in the ass, though. Among other things, you have to explain what you did to obtain a W-2.
Can you consult with an accountant? That might be your best bet here, in order to cover your own ass.
Tep, if you email me with all the details you've posted here I can forward it to my dad (who is a tax lawyer).
Uh, I don't know WHAT the IRS says for this situation. Probably b/c it's so. fucking. shifty.
I believe the IRS generally frowns on under-the-table income, which is pretty clearly what they're trying to do. Seriously - they've put you in a really shitty situation by doing things this way.
Tep, if you email me with all the details you've posted here I can forward it to my dad
Thanks, Jess! I'll put it all together and e-mail you shortly.
Seriously - they've put you in a really shitty situation by doing things this way.
And if I report the income -- no matter how it's categorized -- won't it end up screwing THEM, b/c it'll make the IRS go "Wait a minute...."?
And if I report the income -- no matter how it's categorized -- won't it end up screwing THEM, b/c it'll make the IRS go "Wait a minute...."?
I would think so, though it make take a while for it to filter through the IRS. Like, years.
But I agree. Your employers are putting you in a completely unfair position.
won't it end up screwing THEM, b/c it'll make the IRS go "Wait a minute...."?
Yup. They're probably hoping you'll be all, "Woohoo! Free money!" and they won't report it and you won't report it and everyone gets out of the taxes.
Although, IIRC, if it's less than $600, they nor you have to report it. I think.
Maybe that's why they are audited so often.
Heh. It turns out a couple I knew from grad school both teach Latin at Walnut Hills. That plus the friend who teaches at St. Ursula's, and I clearly have the Cincinnati Latin teaching mafia on my side... (more to the point, Walnut Hills couple have kids and will know about schools. So if job materializes, I can email them.)
My father is sort of an idiot, as well as an Eeyore type.
Yeah, that form that Dana linked to has "Please audit my employer" written all over it.