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Reply to "DH 401K Maxed Out, What about me?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you really a 1099 or just being misclassified? SEP if you want the deduction, back door Roth if you don't.[/quote] Not sure I understand your question regarding being misclassified? I am paid gross and pay my own taxes. My employer is legit, and is careful to report everything to the IRS including everyone who works for him and our SSNs.[/quote] If you have a regular employer there is a decent chance you might be an employee, rather than an independent contractor.[/quote] Ok so that fact that I get a 1099 and pay my own taxes does not = independent contractor? Not being snarky, I truly don't know. I thought I knew??[/quote]
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