Timeline for How does a W2 verify self-employment?
Current License: CC BY-SA 3.0
11 events
| when toggle format | what | by | license | comment | |
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| Jul 9, 2015 at 3:39 | comment | added | James Khoury | @jamesqf Thanks. In case you're interested I think the Australian equivalent is called a Group Certificate. | |
| Jul 8, 2015 at 21:05 | vote | accept | noodles | ||
| Jul 8, 2015 at 14:22 | answer | added | Bill Leeper | timeline score: 2 | |
| Jul 8, 2015 at 12:09 | history | edited | mhoran_psprep |
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| Jul 8, 2015 at 6:34 | comment | added | jamesqf | @James Khoury: Yes, it's a US thing. A W-2 is the form employees get (from the employer) at the end of each year, listing how much they earned, and how much was withheld for income tax, Social Security, etc. | |
| Jul 8, 2015 at 6:32 | comment | added | jamesqf | @Joe Strazzere: No, it's not. For instance, I am self-employed. My clients make checks out to me (actually do direct deposit), I get a 1099 form listing the income, and file a 1040-SSE with the IRS to pay SS & FICA taxes, instead of getting a W-2. If I had a company, they would pay the company, and I could either get paid wages as an employee, or take profits as an owner. | |
| Jul 8, 2015 at 3:26 | comment | added | James Khoury | What is a W2? (I'm assuming its a US thing?) | |
| Jul 7, 2015 at 23:09 | comment | added | jamesqf | If you are self-employed, you don't GET a W-2. Now you might have set up a company with yourself as owner and W-2 employee, but in that case you aren't self-employed, you're employed by a company which you just happen to own. (So wearing your CEO hat you make out a W-2 and hand it to yourself wearing your employee hat :-)) | |
| Jul 7, 2015 at 21:14 | comment | added | noodles | If you are referring to Employer Identification Number (EIN) I do have one from the IRS but it is not listed on any of my W2's. If that is what they are after it would seem odd to request the W2's and not just a single number. Seems like there is an ulterior motive behind it all. | |
| Jul 7, 2015 at 21:03 | comment | added | jmoreno | It does not verify self employment, it does show employer id | |
| Jul 7, 2015 at 20:57 | history | asked | noodles | CC BY-SA 3.0 |