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  1.  Home
  2. CONSULT400
  3. April 2002

Re: Employee vs. SubContractor


> I have got some pay from a second source that I have not yet paid taxes on &
> my first job says that they can increase my payroll deductions to compensate.

That raised a red flag for me -- if you are working on the second job as an
independent contracter, and you aren't maxing out your social security deduction
on your first job, then you need to make sure you are properly filing and paying
the social security taxes or you could run into a big penalty at the end of the
year...

Janet Krueger
Rochester

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