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Old 03-12-2005, 12:22 PM
A.G. Kalman
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Default Re: Working for tuition

phoenixashless[at]hotmail.com wrote:

- quote -

> If I am a student at a specialized school and I am
> receiving, on paper, $7.00 per hour towards my tuition for
> trolling forums and posting upbeat notices about the school:
> 1) Is this taxable income for me?


Yes.

- quote -

> 2) Should I be receiving something from the school?

A W-2 if you were an employee or a 1099-MISC if you were an
independent contractor and the total amount they paid you in
the year was at least $600.

- quote -

> 3) Am I an employee of the school?

Not enough facts present to make that determination but
students that are hired by the school they attend are
usually hired as part-time employees.

- quote -

> 4) Should my school be keeping tax records about this
> arrangement?


Absolutely.

--
Alan
http://taxtopics.net

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Old 03-09-2005, 10:36 PM
phoenixashless@hotmail.com
Guest
 
Posts: n/a
Default Working for tuition

If I am a student at a specialized school and I am
receiving, on paper, $7.00 per hour towards my tuition for
trolling forums and posting upbeat notices about the school:

1) Is this taxable income for me?
2) Should I be receiving something from the school?
3) Am I an employee of the school?
4) Should my school be keeping tax records about this
arrangement?

Thanks for the help.

phoenixashless[at]hotmail.com

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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