Get Commonly Asked Questions When Irs Determines Your Work ...

Filling out the Commonly Asked Questions When IRS Determines Your Work Status is an important step in addressing your work classification with the IRS. This guide provides a clear, step-by-step approach to assist you in completing the form online, ensuring that you meet all necessary requirements.

Follow the steps to successfully complete the form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Carefully read the instructions provided on the form to understand your obligations. Identify whether you have filed a tax return related to your work as an employee and determine your next course of action based on this.
3. If you have not filed your return yet, proceed to complete Form 1040, Individual Income Tax Return, reporting any Form 1099-MISC income as wages. Remember to include the employee portion of social security and Medicare tax owed.
4. If you have already filed your return incorrectly, you will need to fill out Form 1040X, Amended U.S. Individual Income Tax Return. Follow the instructions specifically for reporting your Form 1099-MISC wages as wages instead of self-employment income.
5. Complete the calculations for the difference in taxes owed by referring to the worksheet provided. You may need to adjust any deductions you previously claimed as a self-employed individual.
6. If you have reported your income on Schedule C, ensure to eliminate business expense deductions claimed previously and now report them as employee business expenses on Schedule A of your amended return.
7. Submit your completed form by attaching a copy of your determination letter and filing it with the IRS using the specified method for your form.
8. After submitting, monitor any communications from the IRS regarding your amended return and any outstanding tax obligations.

Complete your documents online today to ensure compliance with IRS requirements.