Hello,
I wanted to ask two questions because I am in the process of buying a home.
1. I have worked in the same club for the past 2.5 years and have always received a W2. I did not know until i finished my first year that I "should" be considered an independent contractor. Since I received a W2 I did not think anything of it, but now as i am in the home buying process I am wondering, why am i receiving a w2. My club makes me sign a paper whenever I do a "champagne" room or any "funny" money, but I never sign off on any money made by lap dances or cash tips. After my first year I realized that my W2s were calculated roughly off of just the money I signed off on.(FYI a champagne room is $645/hour, which I make 200) My question is; Is this correct in the way my club is doing this because I do not see how I can receive a w2 without being considered an "employee". By the way I do pay a house fee, and I have received a tax refund the past 2 years.
2. This question is about my house buying process, obviously now entailing my W2s as well. I am buying a house and my loan officer was asking for pay stubs but obviously I do not receive pay stubs so i gave my last W2s. She said this should be find but just wanted to make sure by asking my manager how much I make, but as we know it is sometimes very inconsistent. Is there something I can do towards this?
thanks!!



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