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Anonymous
Asked a question 10 months ago

If I have an employee who was an independent contractor in 2019 but is on salary in 2020, do I use their 1099 from 2019 in the loan calculation?

Where am I?

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ami kassar
CEO Multifunding LLC and author of The Growth Dilemma

Technically not.  You have to go off of your 2019 payroll information.