Which, if any, of the following factors is a characteristic of independent contractor status?
A) Services are performed for more than one business.
B) Receipt of a Form 1099 reporting payments received.
C) Workplace fringe benefits are not available.
D) Work-related income and expenses are reported on Schedule C (Form 1040).
E) All of the above are characteristic of independent contractor status.

Question

Quizplus · Accepted Answer

All of the factors listed are characteristic of independent contractor status. Independent contractors work for multiple businesses, receive Form 1099 for tax reporting purposes, do not have access to workplace fringe benefits, and report their income and expenses on Schedule C.

Which, If Any, of the Following Factors Is a Characteristic