Family Related 2018

Tipped Employees 2018

This handout provides information on how to report tip income. Recordkeeping requirements are also explained.

HIGHLIGHTS:

  • Daily tip record.
  • Service charges vs. tip income.
  • Reporting tips to employer.
  • Allocated tips.

Form 1099 Miscellaneous Income Reporting 2018

This handout describes the filing requirements for Form 1099-MISC, Miscellaneous Income, including payments made to attorneys and penalties for failure to file correct returns or furnish correct payee statements.

HIGHLIGHTS:

  • New filing due date.
  • Who must file.
  • Reportable payments to corporations.
  • Payments to attorneys.
  • Penalties

Estimated Taxes 2018

This handout defines the requirement to pay taxes through withholding and/or estimated payments. It includes estimated tax payment due dates.

HIGHLIGHTS:

  • Who must pay estimated taxes.
  • Who does not have to pay estimated taxes.
  • When to pay estimated taxes.
  • Underpayment of estimated taxes.
  • Additional Medicare and net investment income tax.

Employee or Independent Contractor 2018

This handout discusses the factors used in determining whether someone is an employee or an independent contractor. It also provides information on how to report the incorrect treatment of an employee as an independent contractor.

HIGHLIGHTS:

  • Penalties for incorrect classification.
  • Factors used to determine worker status.
  • Incorrect treatment of employees as independent contractor.

Employee or Independent Contractor Spanish Version 2018

This handout discusses the factors used in determining whether someone is an employee or an independent contractor. It also provides information on how to report the incorrect treatment of an employee as an independent contractor.

HIGHLIGHTS:

  • Penalties for incorrect classification.
  • Factors used to determine worker status.
  • Incorrect treatment of employees as independent contractor.