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Being paid as an independent contractor

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Lichi
what what!?

Member since 5/05

4206 total posts

Name:
Lissette

Being paid as an independent contractor

I got a job offer, however, it stated that I'd be "paid as an independent contractor, and will be responsible for my own taxes".
Does anyone know how this works?

For instance, let's say the job pays $100K/yr, do I get taxed a lot more because I'd be independent, or would it be the same as holding a regular non-exempt/exempt job. Also, approximately how much would I be taxed?

Posted 8/12/05 9:13 AM
 
Long Island Weddings
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CookiePuss
Cake from Outer Space!

Member since 5/05

14021 total posts

Name:

Re: Being paid as an independent contractor

Sent you FM

Posted 8/12/05 9:18 AM
 
 

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