Multi-Virtual Assistant Businesses

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Old 10-04-2010
LP-VA LP-VA is offline
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Filing taxes if paid a subcontractor < $600
How do my taxes change this year if I used a subcontractor for the first time, for work totaling less than $600? Do I need her SSN? Where do I put her on my taxes? Thank you!
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Last edited by LP-VA; 10-04-2010 at 05:24 PM. Reason: Oops, excuse my "thumbs down," LOL I meant to pick the question mark!
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Old 10-11-2010
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Tess Tess is offline
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Default Re: Filing taxes if paid a subcontractor < $600
Hi Leigh, you only need to file a 1099 for your sub if you paid her more than $600 in the year - so you don't need her SSN, etc.

I believe you can still claim her as an 'expense' though I would recommend double checking with a tax professional just to be sure.
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Old 01-25-2011
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assistants made simple assistants made simple is offline
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Default Re: Filing taxes if paid a subcontractor < $600
I agree with Tess. 1099 is the way to go.
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Old 06-15-2011
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LGCVS LGCVS is offline
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Default Re: Filing taxes if paid a subcontractor < $600
I will check with my accountant, but does the subcontractor need to complete a w-9?
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