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To: EBH

Yes. This is all about everyone being required to have a w2 which requires worker taxes be paid as withholding. The government wants it’s money as you are paid.

As opposed to 1099 which requires taxes to be settled only once a year as income tax.

The gov doesn’t trust you to settle up one a year.


21 posted on 05/09/2021 6:36:27 AM PDT by 386wt (All your money belongs to us.)
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To: 386wt

Most 1099 folks pay quarterly.


22 posted on 05/09/2021 6:38:03 AM PDT by EBH (Republics are only meant for a good and moral people. 1776-2021 May God Save Us.)
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To: 386wt

...once a year


23 posted on 05/09/2021 6:38:14 AM PDT by 386wt (All your money belongs to us.)
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