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Can a mortgage company lic under Dept.of Corporations issue 1009 vs w-2 to loan officer? is it optional?



Can a mortgage company lic under Dept.of Corporations issue 1009 vs w-2 to loan officer? is it optional?

in addition to rules of your state, the IRS has some clear guidelines on this topic.

http://www.irs.gov/businesses/small/arti...
If taxes were withheld you were an employee and get a W-2
If taxes were not wirhheld you are an independent contractor and get a 1099 (you owe all the taxes due)
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