Understanding business travel deductions Internal Revenue Service
An independent contractor is someone who is self-employed. You generally do not have to withhold or pay any taxes on payments made to an independent contractor. A 0.9% Additional Medicare Tax may apply to you if your net earnings from self-employment exceed one of the following threshold amounts (based on your filing status). You must pay SE tax and file Schedule SE (Form 1040) if either of the following applies. With IRS e-file, your refund will be issued in half…