What is a 1099 form and will I still be eligible to recieve the child tax credit?

I go to school full time and I worked as a dental assistant for a few weeks during the whole year in 2007. I am also a single mother of two children under the age of 5.

What is a 1099 form and will I still be eligible to recieve the child tax credit?
A 1099 form is a form filed with the IRS, with a copy to you, indicating that you received monies which are probably taxable, and for which you worked as an independent contractor. If you worked as a dental assistant, chances are high that you SHOULD have been classified as an employee, with federal tax withholding and Medicare withholding taken from your pay.





In either event, you are required to claim such income as taxable for a federal tax return.





The issue for YOU is that, as an independent contractor, you are liable for about 15% of your gross pay for SS and Medicare withholding, regardless of whether or not you owe any federal income tax.





If you desire to report your employer or make a determination of your proper status, you need to file Form SS-8, challenging that you should have been paid as an employee. If your challenge is successful, your employer will be required to pay half of your SS and Medicare tax, but you are still liable for your portion, plus any federal taxes owed.
Reply:A 1099 form is a form you get for pay that you receive for work when you are not an employee.





As a single mother of two who only worked a couple weeks, you probably won't owe any tax - if you don't, then you wouldn't get the child tax credit. That can only reduce your income tax, and I'm guessing that yours would already be zero so there would be nothing to reduce.
Reply:A 1099 form has many different situations. I am assuming that you mean a 1099-MISC form which is for nonemployee compensation (most of the time). Yes, this is considered earned income. here is my other question, how did you support yourself, two children and go to school full time by only working for a few weeks during the whole year?





If you did not pay over half of the costs of maintaining your household (rent, utilities, food, etc.) you CAN NOT claim your children or the credits if you did not pay over half of these costs because you would not be considered Head of Household.





However, if you did pay for more than half of those costs, then yes you would be eligibile to receive dependents expemptions, earned income credit and other child credits.
Reply:A 1099 IS ISSUED INSTEAD OF A W 2. IT SHOWS HOW MUCH THEY PAID YOU FOR THE WORK YOU PREFORMED. BUT DIDNT WITH HOLD TAXES. ITS LIKE A HANDY MAN WHO MOWS THE GRASS FOR A COMPANY-HE IS NOT AN EMPLOYEE OF THE COMPANY- HE IS A CONTRACTOR. THEY PAY HIM FOR THE AMOUNT HE CHARGES. AT END OF YEAR THEY GIVE HIM A 1099 TO SHOW HOW MUCH HE MADE. AND HE INCLUDES IT AS INCOME ON TAX FORM