Are payroll taxes taken out of Everett Interns pay?
Your organization may choose either to place Everett Interns on the payroll or to regard them as contract employees. If you choose to place Interns on your payroll, Interns will need to fill out a W-2 form, and taxes will be automatically deducted from the total amount of the stipend for each pay period. Your organization will be responsible for covering the costs associated with placing Interns on the payroll. If you choose to regard Interns as contract employees, Interns will need to fill out a 1099 form. At the end of the year, Interns should receive a 1099 from your organization, not a W-2. No deductions are made from their stipend; payment of taxes by any Intern is dependent on his or her total earnings for the year.
