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Question On 1099 W2 1040

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    Question On 1099 W2 1040

    Help Please Someone!

    If A Client Has Just A 1099 For Over 16,000, With His Expenses Can His
    Income On The 1040 Be $320?

    How Can You Lower The State Taxes Of La Taxes On The State Papers For Them Not To Own Sooooo Much? What And Where Can You Take Off So They Want Owe So Much?

    What Is Statutory Employee On The W2 Stand For?

    Please Help Asap Thank You Very Much For The Info On This.

    #2
    Not enough info

    What kind of 1099? Misc? Int? Div.? 1099-B?
    If it is a 1099-Misc. is the amount in Box 7? 1?
    If this amount is in box 7, then it would go on Sched. C. What did client do to receive this? Would he have had expenses in connection with it? If so, then yes, they would
    be deductible.

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