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-   -   Tax query 1099 VS W2 (https://www.askmehelpdesk.com/showthread.php?t=113751)

  • Jul 26, 2007, 12:01 PM
    AwaisShaikh
    Tax query 1099 VS W2
    I am on F-1 status and currently doing my Co-OP it has only been 2 months since I have been working. I came in US in July-2006 my school is in virginia and currently working in California.

    Last year I got my full refund for taxes.

    My current employer does a 1099 instead of W-2 for tax purposes, so I don't pay any taxes upfront. Is there anything I have to keep in mind while filing taxes for next year.

    Thanks
    Awais
  • Jul 27, 2007, 11:02 PM
    AtlantaTaxExpert
    You will owe INCOME taxes, but you should not owe seld-employment taxes due to your F-1 status.

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