<div dir="ltr">Tim, your main quest was for qualified advice about Tax Relief programs and SS in retirement.<div><br></div><div>My comments are about "Very few of my clients ask for 1099."<br>I'm not an authority on it, but my impressions are these:</div><div>* Clients wouldn't necessarily ask <u>you</u> for 1099s; it's that some of your clients are obliged to provide them <u>to you</u>.</div><div>* Clients that are business entities are obligated to provide them <u>to you</u> if they paid you more than $xxx ($600?) in a particular tax year.</div><div><br></div><div>* If you bring on other carpenters that you treat as independent contractors (because they qualify as such), and you pay them more than $xxx,</div><div>then you're obliged to provide them with a 1099 (whether they ask for it or not).</div><div><br></div><div>Regarding optimizing social security in retirement:</div><div>* I believe that for your payments into SS during your working years, you base your payment on all your Schedule C income (with or without 1099 documentation).</div><div><br></div><div>Duane Dale</div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Fri, Dec 8, 2023 at 8:58 AM Tim Holcomb via Hidden-discuss <<a href="mailto:hidden-discuss@lists.hidden-tech.net">hidden-discuss@lists.hidden-tech.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">Hello hidden tech world<div dir="auto">II am self employed. 90% of my income comes from carpentry work. Very few of my clients ask for 1099. I hit 70 on June 1st 2025. I am looking for advice to optimize my SS in retirement. Also interested in someone knowledgeable about Tax Relief programs. </div><div dir="auto">Many thanks</div><div dir="auto">Tim</div>
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