So those who may not remember this post from a month ago can find it here: http://ift.tt/2tIDOyy
It didn't get too popular so I understand that most people are coming in here new. TL;DR-- Business went under and CEO ditched town without paying us for 3 weeks of work. The building owner was given the company's assets from some creditor company and they "hired" us all on as 1099 contractors to work our old positions.
THE NEW: The building owner does not know how to run a data center and ran it into the ground. It's still technically existing, having held onto a couple key residents of the data center, but basically all the clients vacated. The building owner made multiple threats to the clients, about how if they didn't pay up a second time for this quarter, he would shut off their service and not allow them to pick up their own equipment. It was pretty stupid.
So anyway, I got out of there! I'm starting a new job tomorrow with traditional employment, at a bigger data center, with a 15% raise + benefits! It's also a higher up position so my career is progressing which is nice.
So now for my 2017 taxes, I'm going to have my old company, this 1099 contracting company, and this brand new job that I'm starting tomorrow... Would it behoove me to file for my 1099 taxes before the next tax season? I only did about 2 months of contract work. Would it make sense for me to wait and probably just not get much, if at all, of a return for 2017 and just continue on?
But overall, I'm doing a lot better now, so thanks for the help /r/PersonalFinance! It was some hard times for a bit trying to make my way through this layoff/contract work. But we're on the other side of the tunnel now.
Submitted June 25, 2017 at 06:31AM by kabrandon http://ift.tt/2t9pLVC
