Which, if any, of the following factors is not a characteristic of independent contractor status?
A)Services are performed for more than one party.
B)Receipt of a Form 1099 reporting payments received.
C)Workplace fringe benefits are not available.
D)Work-related expenses are reported on Form 2106.
E)None of the above.

Question

Quizplus · Accepted Answer

Work-related expenses being reported on Form 2106 is not a defining characteristic of independent contractor status. However, independent contractors may still be able to deduct their work-related expenses on Form 1040 Schedule C. A, B, and C are all characteristics of independent contractor status.

Which, If Any, of the Following Factors Is Not a Characteristic