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Reply #21: You would know if you got a 1099 instead of a W-2 [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:20 PM
Response to Reply #3
21. You would know if you got a 1099 instead of a W-2
You don't need to be a tax lawyer or a CPA to figure that out.

I wish people would stop making excuses for this guy. If he couldn't figure that much out, I really don't want him making important financial decisions for the country.
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  -Geithner was an idiot. Most of the people I know would not have done that mistake! KansasVoter  Jan-21-09 12:02 PM   #0 
  - I agree with you. it was not an honest mistake. However, he has taken  Roberto1223   Jan-21-09 12:06 PM   #1 
  - According to the IRS and tax experts, it was an honest mistake, but then again  BlueCaliDem04   Jan-21-09 12:17 PM   #16 
     - No he didn't  joeglow3   Jan-21-09 12:40 PM   #27 
  - He paid taxes.  gcomeau   Jan-21-09 12:06 PM   #2 
  - and if it were you or me, they  busymom   Jan-21-09 12:07 PM   #4 
  - He paid the back taxes with interest as soon as it was discovered.  Occam Bandage   Jan-21-09 12:15 PM   #13 
  - Yeah, I read about that and  zidzi   Jan-21-09 12:12 PM   #8 
  - Not after being audited for two of the four years and paying for only these two  question everything   Jan-21-09 12:16 PM   #14 
  - I'm not that smart  nichomachus   Jan-21-09 12:18 PM   #17 
  - If you do not know they are considering you self-employed it is possible  jwirr   Jan-21-09 12:07 PM   #3 
  - My mom is an indep. contractor  busymom   Jan-21-09 12:08 PM   #5 
  - Independent contractors...  gcomeau   Jan-21-09 12:10 PM   #6 
  - She's an independent contractor, so she should. Geithner was employed by the IMF.  Occam Bandage   Jan-21-09 12:14 PM   #12 
  - You would know if you got a 1099 instead of a W-2  nichomachus   Jan-21-09 12:20 PM   #21 
  - And even before that, you would know if you filled out a W-4 or a W-9  prodn2000   Jan-21-09 01:10 PM   #29 
  - I pay self-employment taxes, and I've always known there was no withholding.  mycritters2   Jan-21-09 12:21 PM   #23 
  - Worse. He skippted payroll taxes - SS and Medicare -  question everything   Jan-21-09 12:11 PM   #7 
  - Geithner should fire his tax guy if he failed to note this error.  theoldman   Jan-21-09 12:12 PM   #9 
  - White collar crime is a big part of the problem - the symbolism here is striking.  polichick   Jan-21-09 12:13 PM   #10 
  - and the excuse making here is striking too!  busymom   Jan-21-09 12:20 PM   #20 
     - I agree. Is this really the ONLY guy who could do the job? It isn't encouraging...  polichick   Jan-21-09 12:28 PM   #26 
  - Most people who receive a paycheck from someone else do not even consider  Occam Bandage   Jan-21-09 12:13 PM   #11 
  - They get a w-2 that shows no withholding. I know, because I do.  mycritters2   Jan-21-09 12:23 PM   #24 
  - As Helmsley said, "Only little people pay taxes." The privileged really  valerief   Jan-21-09 12:16 PM   #15 
  - That's because the wealthy all incorporate themselves and can defer paying taxes for decades.  BlueCaliDem04   Jan-21-09 12:21 PM   #22 
  - "Oh my God!! I'm going to be named Treasury Secretary."  elocs   Jan-21-09 12:18 PM   #18 
  - chris matthews was trying to make it sound like the guy purposely didn't pay the taxes.  ejpoeta   Jan-21-09 12:19 PM   #19 
  - He probably didn't want to say he didn't have the $ to pay it  sfpcjock   Jan-21-09 12:25 PM   #25 
  - I listened to Morning Edition the day after this story broke  dsc   Jan-21-09 12:53 PM   #28 
  - Yes you would, if you didn't know you're considered SE, either way it's a tempest in a teapot  uponit7771   Jan-21-09 01:20 PM   #30 
 

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