US taxes, 1099... serious question
I've got a form 1099 from my employer, but I realize now that they never took any of the federal taxes out (social security, medicare, income tax). I always got a handwritten check (very small company) and never thought anything about it. Now, I'm reading the IRS website and it seems that I might be in deep doo-doo. Its not like a earned all that much, I grossed less than $1,500 from them over 5 months (I was still a fulltime student at the time) and I don't imagine that they would have taken out any more than $20. No state taxes removed either...
My other job, working for the university grossed about the same amount ~$1,450 and they only removed $18.80 in federal taxes (no medicare or social security). Somehow, I think the university got it correct, but I'm wary about the 1099 form from my other job. The university didn't take out any state taxes either, I guess that was related to my bi-monthly income level.
Does anyone have any experience with 1099 forms?
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