How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Rakhi Vasavada Your Own Question
Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4543
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
43581946
Type Your Finance Question Here...
Rakhi Vasavada is online now
A new question is answered every 9 seconds

I'm moving to St Kitts as a 1099 employee. I'm unsure how

Customer Question

hi.
JA: Hello. How can we be of help?
Customer: I'm moving to St Kitts as a 1099 employee.
JA: The Accountant will know how to help. Please tell me more, so we can help you best.
Customer: I'm unsure how much taxes will be taken out.
JA: Is there anything else the Accountant should be aware of?
Customer: I don't think so
Submitted: 9 months ago.
Category: Finance
Expert:  Rakhi Vasavada replied 9 months ago.

Dear Friend,

Hello and welcome Thank you for providing an opportunity to assist you.

Please remain online for a while as I prepare your reply.

Customer: replied 9 months ago.
ok
Expert:  Rakhi Vasavada replied 9 months ago.

1099 Payments are generally not subject to withholding.

Only in case of TIN not furnished by you or if it is found to be incorrect, you may be subject to back up withholding, which is usually 28%.

Please refer to the following IRS resource which is highly informative.

https://www.irs.gov/taxtopics/tc307.html

I am sure this would help.

You may please leave a positive rating if this helps as this is the only way we are compensated for assisting you. Alternatively, you may revert back with a reply if you need further assistance or if I have missed out on any aspect of your question.

Warm Regards,

Customer: replied 9 months ago.
I've requested phone call
Expert:  Rakhi Vasavada replied 9 months ago.

Dear Friend,

Phone call will not be possible for me today. You may continue the conversation, OR let me know and I will opt out and let some other expert assist you.

Warm Regards,

Customer: replied 9 months ago.
please opt out. I need to speak with someone
Expert:  Rakhi Vasavada replied 9 months ago.

sure.. wish you good luck.

Customer: replied 9 months ago.
thank you

Related Finance Questions