I got interviewed for a job recently, and the next step is for me to do a writing test. They will pay me to do the test, which is awesome. But I was just curious, what kind of income would this be? 1099 or W2? 1099 makes more sense, but what if I get the job? Would it be on my W2 next year?
I have a separate checking account for self-employment income, and I like to keep things separate because of taxes, etc., so if anyone has any experience with a case like this I would greatly appreciate some insight. Thanks!
Taxes Paid on Writing Test for Job Interview
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Re: Taxes Paid on Writing Test for Job Interview
Maybe neither if it's not over $600, in which case you'd simply report it along with other "unreported" earned income.
Re: Taxes Paid on Writing Test for Job Interview
roth evangelist,roth evangelist wrote: ↑Mon Jan 23, 2023 8:47 pm I got interviewed for a job recently, and the next step is for me to do a writing test. They will pay me to do the test, which is awesome. But I was just curious, what kind of income would this be? 1099 or W2? 1099 makes more sense, but what if I get the job? Would it be on my W2 next year?
I have a separate checking account for self-employment income, and I like to keep things separate because of taxes, etc., so if anyone has any experience with a case like this I would greatly appreciate some insight. Thanks!
Do they pay you enough to take the test?
Is it a test or some real work pretend to be a test?
KlangFool
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Re: Taxes Paid on Writing Test for Job Interview
It's a small writing assignment representative of some of the work I would be doing at the job. These sorts of tests are typically unpaid so it's nice that they are actually paying for it.KlangFool wrote: ↑Mon Jan 23, 2023 9:17 pmroth evangelist,roth evangelist wrote: ↑Mon Jan 23, 2023 8:47 pm I got interviewed for a job recently, and the next step is for me to do a writing test. They will pay me to do the test, which is awesome. But I was just curious, what kind of income would this be? 1099 or W2? 1099 makes more sense, but what if I get the job? Would it be on my W2 next year?
I have a separate checking account for self-employment income, and I like to keep things separate because of taxes, etc., so if anyone has any experience with a case like this I would greatly appreciate some insight. Thanks!
Do they pay you enough to take the test?
Is it a test or some real work pretend to be a test?
KlangFool
Re: Taxes Paid on Writing Test for Job Interview
Sounds like a perfect opportunity for ChatGPT.roth evangelist wrote: ↑Tue Jan 24, 2023 9:39 am It's a small writing assignment representative of some of the work I would be doing at the job. These sorts of tests are typically unpaid so it's nice that they are actually paying for it.