An independent contractor:
O A. is not able to use any tax deductions.
OB. has taxes withheld from each paycheck.
OC. makes estimated tax payments.
O D. does not have to pay income tax

Question

03-09-2022
Business

Answered

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An independent contractor:
O A. is not able to use any tax deductions.
OB. has taxes withheld from each paycheck.
OC. makes estimated tax payments.
O D. does not have to pay income tax

Sagot :

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ogorwyne ogorwyne · Answer 1 · 2022-09-07T05:25:36-04:00

An independent contractor has taxes withheld from each paycheck.

Who is an independent contractor?

A person who is an independent contractor is one that would have to act as a consultant, a lawyer and also an accountant. This is a person that would have to give their services to an organization at a particular amount. The independent contractor is a person that would be defined in common law based on their method of receiving payment.

Hence we can conclude that the independent contractor has taxes withheld from each paycheck.

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Sagot :

Who is an independent contractor?

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