part a — match the description\nwrite w - 2 or 1099 in the blank next to each description.\ndescription\tform…

part a — match the description\nwrite w - 2 or 1099 in the blank next to each description.\ndescription\tform\ngiven to employees\ngiven to independent contractors/freelancers\nshows wages earned and taxes withheld\nshows income earned without taxes withheld\nemployer sends this to irs and employee\nbusiness sends this to irs and contractor\nused to complete your income tax return

part a — match the description\nwrite w - 2 or 1099 in the blank next to each description.\ndescription\tform\ngiven to employees\ngiven to independent contractors/freelancers\nshows wages earned and taxes withheld\nshows income earned without taxes withheld\nemployer sends this to irs and employee\nbusiness sends this to irs and contractor\nused to complete your income tax return

Answer

Brief Explanations:

El formulario W - 2 se da a los empleados, muestra los salarios ganados y los impuestos retenidos, el empleador lo envía al IRS y al empleado y se utiliza para completar la declaración de impuestos sobre la renta. El formulario 1099 se da a los contratistas independientes / trabajadores por cuenta propia, muestra el ingreso ganado sin impuestos retenidos y el negocio lo envía al IRS y al contratista.

Answer:

  • Given to employees: W - 2
  • Given to independent contractors/freelancers: 1099
  • Shows wages earned and taxes withheld: W - 2
  • Shows income earned without taxes withheld: 1099
  • Employer sends this to IRS and employee: W - 2
  • Business sends this to IRS and contractor: 1099
  • Used to complete your income tax return: W - 2, 1099