Is that even legal? I guess it would be a 1099 for that amount. I didn’t ask why. I don’t plan to do it but I’m not sure what reason to give other than I don’t want to make more work for myself.
Is that even legal? I guess it would be a 1099 for that amount. I didn’t ask why. I don’t plan to do it but I’m not sure what reason to give other than I don’t want to make more work for myself.
Do whatever they want with taxes, just require them to fill out and sign a new W4 to make the change. They might know exactly what they’re doing, they might be about to FAAFO. Either way, that’s between them and the IRS.