Eli5-Getting 1099 Pay

152 viewsEconomicsOther

My new job said they pay 1099 and asked if i’m ok with that. I have no idea what that means or the difference it makes. From what i’ve read it seems like I will have to pay everything back during tax season? I’m so confused. This is a receptionist job paying hourly wage. Please explain

In: Economics

7 Answers

Anonymous 0 Comments

If you are a virtual receptionist on a contract, then they can pay you according to a 1099-NEC, non-employee compensation. However, if you are working on site, especially if you are full-time, then you are a full-time employee. You may want to consider checking this company out to be sure they are legitimate.

You are viewing 1 out of 7 answers, click here to view all answers.