ZZGAMAZZ
Elite Member
- Joined
- Jul 23, 2007
- Professional Status
- Certified Residential Appraiser
- State
- California
And now CA EDD invoiced me $$$$ for not reporting QLY income since i termed my affiliation with a payroll co early in 2024. [All prepped n numb in the dentist chair for implants finally to be implanted... til the office manager intervenes for Another $3000, on the spot, like F what, NOW you tell me.How does 1099 revenue affect public retirement income? Especially if IRS supports SCorp shareholder distributions and bizz expense deducations? I vaguely recall an IRS comment about 3 years ago, that i need to be cautioua about reporting annual neg P&L year after year..m