SoloMio
Level 2
10-15-2020
12:04 PM
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Probably wants to be clever by pretending he's an actual W2 employee -- trying to camoflage a slack Schedule C biz, so his "income" won't draw as much skepticism/scrutiny by the IRS.
Actually it's quite logical that you can't be an employee of yourself as an individual. There has to be a distinct entity, a different legal hat you're wearing, to fulfill two sides of a transaction.