Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 02-18-2017, 11:46 AM
Junior Member
 
Join Date: Feb 2017
Posts: 1
Understanding 1099 & W-2

Hey -

I recently received a W-2 and 1099 miscellaneous income from a settlement. I noticed that the W-2 is about a third of the amount as the 1099 - does this mean the tax was already withheld and no further taxes are due from this? Any explanation or questions needing more information from me would be greatly appreciated.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
understanding the residency test for qualifying child taxboy9317 For 2016 0 01-29-2017 02:18 AM
Understanding Return for company purchase. crhobbs S-Corporation 2 11-09-2015 01:27 PM
New IC needs help understanding estimated taxes Iphelps00 Estimated Taxes 1 02-09-2014 08:51 PM
I Need Help Understanding Why We Owe corey87 For 2013 2 01-31-2014 05:49 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.