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shveta_nangia
Apr 14, 2008, 08:17 AM
can 1099 be issued on h4? Can referral money be paid on h4
MukatA
Apr 14, 2008, 08:24 AM
If you get 1099-Misc, you must file tax return if the income is more than $400. Also this income is subject to SE tax at 15.3%.
So if some one on H4 gets 1099-Misc, he/she must follow the tax rules.

How you will treat the 1099-Misc income, read: Your U.S. Tax Return: W2 or 1099: Employee or Independent Contractor. (http://taxipay.blogspot.com/2008/03/w2-or-1099-employee-or-independent.html)