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GOBankingRates on MSN1099 vs. W-2 Employee: What’s the Difference and What Does It Mean for Your Taxes?A 1099 form is used for any type of work performed by someone who is not a direct employee of the company. A W-2 form is used ...
Form 1099 reports freelance payments, income from investments, retirement accounts, Social Security benefits and government payments, withdrawals from 529 college savings plans and health savings ...
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