Tag Archives: Statutory Employee
Making your living in sales can mean you rely on commissions just as much as your normal wages. At tax time, you will receive a Form W-2, Wage and Tax Statement from your employer. As a salesperson, you may be classified as a statutory employee. Generally, statutory employees have Box 13 of their W-2 checked, […]
— Read moreIf you drive a vehicle for work, whether a bus, truck, or taxi, you can expect to receive a Form W-2 Wage and Tax statement which documents your income and withholdings from your employer. If the option for ‘Statutory Employee” is checked in Box 13, you’ll need to file a Schedule C, Profit and Loss […]
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