A report of income paid to independent contractors is called
A)form W-2.
B)form W-3.
C)form 1099-Misc.
D)form 941.

Name: A report of income paid to independent contractors is called A)form W-2. B)form W-3. C)form 1099-Misc. D)form 941.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Form 1099-Misc is the report of income paid to independent contractors. Form W-2 reports wages paid to employees, Form W-3 is a summary of all W-2 forms, and Form 941 reports payroll taxes withheld from employee wages.

A Report of Income Paid to Independent Contractors Is Called