1099-MISC you would NOT be classified as a employee that would have a employer for this purpose at all and NOT a very good thing to be at this time in your life for this purpose.
None of the available benefits of have a employer that would withhold the required taxes and pay Unemployment Insurance taxes so that later on in life when might get laid off from your job you MIGHT be able to qualify for some of the UI payment amounts after you would have been employed long enough to be able to qualify for them at that time in your life.
The Internal Revenue Service has developed a new form for employees who have been misclassified as independent contractors by an employer. Form 8919, Uncollected Social Security and Medicare Tax on Wages, will now be used to figure and report the employee’s share of uncollected social security and Medicare taxes due on their compensation.
Generally, a worker who receives a Form 1099 for services provided as an independent contractor must report the income on Schedule C and pay self-employment tax on the net profit, using Schedule SE. However, sometimes the worker is incorrectly treated as an independent contractor when they are actually an employee. When this happens, Form 8919 will be used beginning for tax year 2007 by workers who performed services for an employer but the employer did not withhold the worker’s share of social security and Medicare taxes.
In addition, the worker must meet one of several criteria indicating they were an employee while performing the services. The criteria include:
The worker has filed Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding, and received a determination letter from the IRS stating they are an employee of the firm.
The worker has been designated as a section 530 employee by their employer or by the IRS prior to January 1, 1997.
The worker has received other correspondence from the IRS that states they are an employee.
The worker was previously treated as an employee by the firm and they are performing services in a similar capacity and under similar direction and control.
The worker’s co-workers are performing similar services under similar direction and control and are treated as employees.
The worker’s co-workers are performing similar services under similar direction and control and filed Form SS-8 for the firm and received a determination that they were employees.
The worker has filed Form SS-8 with the IRS and has not yet received a reply.
By using Form 8919, the worker’s social security and Medicare taxes will be credited to their social security record.
To facilitate this process, the IRS will electronically share Form 8919 data with the Social Security Administration.
Form SS-8 (Rev. August 2011)
Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding
Form (Rev. August SS-82011) Department of the Treasury Internal Revenue Service Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding OMB. No. 1545-0004 For IRS Use Only: ...
2011 Form 8919
Uncollected Social Security and Medicare Tax on Wages
Form 8919 Department of the Treasury Internal Revenue Service Uncollected Social Security and Medicare ? See instructions Tax on back. Wages ? Attach to your tax return. OMB No. 1545-0074 Attachment 2011 Sequence No. ...
Hope that you find the above enclosed information useful. 10/30/2012